Siemens AG is a German multinational and Europe's largest engineering company. Siemens and its subsidiaries employ approximately 360,000 people across nearly 190 countries.
Headquartered in the German cities of Munich and Berlin, Siemens' main activities are in the fields of industry, energy, transportation and healthcare.
The chief executive of the German industrial conglomerate, Joe Kaeser, will not attend the Saudi-organized Future Investment Initiative this week. He said his decision was "the cleanest" though not "the most courageous."