The Global Competitiveness Forum (GCF), the only event of its kind, is an annual meeting of global business leaders, international political leaders, and selected intellectuals and journalists brought together to create a dialogue with respect to the positive impact organizational and national competitiveness can have on local, regional and global economic and social development. It was founded in 2006 by the Saudi Arabian General Investment Authority (SAGIA), and is held in Riyadh, Saudi Arabia under the patronage of HM King Abdullah Bin Abdulaziz, the Custodian of the Two Holy Mosques.