Saudi king orders probe in Khashoggi case, Turkey to search consulate

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Saudi Arabia's Future Investment Initiative, which has been nicknamed "Davos in the Desert", is due to start on Oct 23 and bills itself as "a blueprint for the 22nd century".

In a joint statement later Sunday, the foreign ministers of the UK, France and Germany said "light must be shed" on Khashoggi's disappearance. The Saudi stock market dropped by 7% on Sunday after Trump threatened of "severe punishment" which spooked investors.

Under Son, SoftBank built its global influence through tech investments and raised over $93 billion past year to create its Vision Fund - with $45 billion coming from Saudi Arabia.

Khashoggi went missing when he visited the Saudi Consulate in Istanbul.

The CEO of the us bank JP Morgan has already announced that he wouldn't make it the "Davos of the desert" and several media outlets, including the Financial Times, the New York Times, The Economist, Bloomberg and CNN have chose to snub this event.

While expressing support for joint Saudi-Turkish efforts to look into his disappearance, they said the Saudi government must provide "a complete and detailed response", indicating that such a message had been conveyed "directly" to Riyadh.

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In the diplomatic fallout over Khashoggi's disappearance, global firms are pulling out of a high-profile investment summit due to take place later this month in Riyadh. "It appreciates the voices of the wise people around the world, who have shown wisdom, have deliberated and searched for the truth instead of rushing and seeking to exploit rumors and accusations to achieve goals and agendas unrelated to the search for the truth", the source said. According to Turkey, he was then tortured, killed and dismembered. Trump also told reporters Saturday that there would be "very powerful" repercussions if Saudi Arabia is found to be responsible.

Cengiz, a doctoral student at a university in Istanbul, wrote: "If the allegations are true, and Jamal has been murdered by the errand boys of Mohammed bin Salman, he is already a martyr".

"I had planned a party, inviting his closest friends to surround him with the love and warmth that he had missed", she wrote.

The possible murder of Khashoggi, a United States permanent resident in self-imposed exile who had written critically against the Saudi monarchy, has generated a far stronger worldwide backlash against the kingdom than the ongoing Saudi-led war in Yemen, which has caused widespread starvation in the already impoverished Arab country.

The Swiss government could decide on a case-by-case basis whether to impose economic sanctions on Saudi Arabia, a SECO spokesman said.