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Pakistan Monday welcomed efforts of Saudi Arabia and Turkey to jointly investigate the disappearance of Saudi journalist Jamal Khashoggi and expressed the hope that the two brotherly countries will be able to address the matter.

Khashoggi, a USA resident, Washington Post columnist and leading critic of the powerful Saudi crown prince, Mohammed bin Salman, vanished after entering the Saudi consulate in Istanbul two weeks ago to get marriage documents. Turkish officials have said he was killed and dismembered.

More major players in global finance and industry are pulling out of a high-profile business conference in Saudi Arabia in the wake of reports that a Saudi writer critical of the government disappeared and is feared dead after entering a Saudi consulate in Turkey. "We heard about Khashoggi going missing the day before we were supposed to leave, two days before, but the next day was when we had to go and it just didn't feel like a smart move".

"If US sanctions are imposed on Saudi Arabia, we will be facing an economic disaster that would rock the entire world", Turki Aldakhil wrote.

Turkish media have published images from October 2 of an alleged 15-member Saudi "assassination squad" and video of suspicious movements at the Saudi consulate in Istanbul after Khashoggi's disappearance. They provided no further details. "Saudi Arabia threatening oil flows at a time when the U.S.is implementing sanctions on Iran exports in coordination with Saudi Arabia shows the tenuous position oil markets are in", he said.

He said King Salman denied any knowledge and then floated the possibility that "rogue killers" could be responsible for Khashoggi. "Maybe I don't want to get into his mind, but it sounded to me like maybe these could have been rogue killers - I mean, who knows?"

U.S. President Donald Trump rallies with supporters at the Warren County Fairgrounds in Lebanon, Ohio, U.S., October 12, 2018.

Mr Trump doesn't want to cancel multi-million dollar arms sales to Saudi Arabia in case its ally turns to Russian Federation and China instead.

What happened to Jamal Khashoggi?

A Saudi delegation had entered the consulate one hour before the Turkish police arrived and appeared still to be inside as the search was conducted.

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During an interview with "60 Minutes" that aired Sunday night, President Donald Trump threatened "severe punishment" against Saudi Arabia if it was found to have been involved in the journalist's disappearance.

The official said he expected Monday's search would be conducted on Turkey's terms and amount to a full inspection.

Read | What's known about Saudi writer's disappearance? Footage emerged Tuesday showing Khashoggi entering the building the week before.

The king also said Turkey and Saudi Arabia enjoy close relations and 'that no one will get to undermine the strength of this relationship, ' according to a statement on the state-run Saudi Press Agency.

The Saudi consulate referred Reuters to authorities in Riyadh, who did not respond to questions about the 15 Saudis.

Jordanian Minister of State for Media Affairs and Communications, Jumana Ghunaimat, said that "Saudi Arabia has a leading role in establishing security, stability and peace as well as enhancing economic co-operation in the region and the world".

The Saudi riyal fell to its lowest in two years and its worldwide bond prices slipped over fears that foreign investment could shrink amid global pressure.

Business barons including British billionaire Richard Branson and Uber CEO Dara Khosrowshahi, as well as media powerhouses like Bloomberg and CNN, have pulled out of next week's Future Investment Initiative (FII) in Riyadh.

Other executives who have dropped out of the conference include JPMorgan Chase & Co.