Industrial manufacturing giant Siemens pulls out from Saudi investment conference

Siemens Chief Executive Joe Kaeser said on Monday that he would not attend the Future Investment Initiative conference in Saudi Arabia, following the killing of journalist Jamal Khashoggi.

"Siemens is a reliable and committed partner of The Kingdom and its VISION 2030. But for now, truth needs to be found out and justice applied," Kaeser said on Twitter.

In a statement on his motivation not to travel to the conference, which posted on his LinkedIn account, Kaeser said that he had received many e-mails urging him not to go and that only two people recommended the opposite.