Saudi Arabia postpones 'Davos in the Desert' until 2027 amid Houthi attacks
The 10th edition was set for Oct. 26-29 and will now be held in 2027 after attacks disrupted travel and raised safety concerns, organizers said.
- On Monday, Saudi Arabia announced the postponement of its flagship Future Investment Initiative conference until 2027, citing recent deadly attacks across the kingdom that have disrupted business as the Middle East conflict widens.
- Deadly attacks by Yemen's Iran-backed Houthi rebels targeted King Khalid International Airport in Riyadh, forcing a week-long closure that killed 17 people and wounded more than 300.
- Flight disruptions persist despite the airport's reopening on Sunday, with 108 flights canceled Monday, equivalent to 18% of scheduled services, according to aviation tracking website Flightradar24.
- American embassies across the Gulf, Israel, Iraq, Lebanon, and Jordan told American citizens on Monday to be on high alert, warning that "hostilities have the potential to escalate rapidly."
- Originally scheduled for Oct 26-29, the tenth edition was set to host global leaders including BlackRock CEO Larry Fink and JPMorgan CEO Jamie Dimon to discuss economic transformation plans.
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(Cairo=Yonhap News) Correspondent Kim Sang-hoon = Saudi Arabia, facing its worst security crisis in history as the offensive by Yemen's pro-Iranian Houthi rebels intensifies, at the end of this month...
Future Investment Initiative postpones 10th edition in Riyadh to 2027
RIYADH — The Future Investment Initiative (FII) Institute announced Monday that the 10th edition of its flagship investment conference, originally scheduled for October 26–29, 2026, in Riyadh, has been postponed until 2027.The milestone event, titled “The Power of Legacy,” was expected to mark the initiative’s 10th anniversary, bringing together international investors, business leaders, policymakers and partners.In an official statement, FII In…
Jerusalem Post
Saudi Arabia postpones its 'Davos in the Desert' conference after attacks
Saudi Arabia's annual 'Davos in the Desert' investment summit has been delayed until next year following deadly Houthi strikes on the kingdom's military, energy and civilian infrastructure.
Iran’s war (and its derivatives) have broken the Gulf’s dream, and there is no better sign of the severity of the fracture than the cancellation of this year’s Davos del Desierto, the great global showcase of Saudi investment.
Saudi Arabia has decided to postpone until 2027 the international investment forum "Davos in the desert", which was planned in Riyadh in connection with the Husite attacks at airports in the Kingdom, reports the Financial Times with reference to sources.
Organizations of the government of Saudi Arabia adopted the telework model in Riyadh from this Monday, indicated to AFP an official and two consultants, while the capital of the kingdom continues to be the target of attacks by the Houthis of Yemen, a militia supported by Iran. In the midst of the escalation of tension, an important international investment conference was also postponed, according to sources heard by AFP. Earlier, residents of th…
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