Saudi Arabia postpones FII investment in Riyadh after Houthi attacks

The Saudi Arabian government has postponed the Future Investment Initiative (FII) conference due to a recent increase in attacks carried out by the Houthi group. Originally set to take place in Riyadh from October 26 to 29, 2026, the tenth edition of the FII, known as FII10 The Power of Legacy, has been rescheduled for 2027. The FII organisers announced on Monday that the new dates will be announced soon.

This decision was made to ensure that the milestone event maintains its full scale, quality, and impact for partners, members, speakers, and delegates. The Houthi attacks, which include missile and drone strikes on Riyadh's King Khalid International Airport, have disrupted air travel and raised security concerns among international executives and investors.

The 10th edition of FII was expected to gather senior government officials, global financiers, and corporate leaders, including BlackRock CEO Larry Fink and JPMorgan Chase CEO Jamie Dimon, to discuss investment opportunities and economic growth. The postponement of FII joins a growing number of international events affected by the ongoing conflict, with Saudi Arabia and the EU postponing a planned summit, and several sporting and cultural events being delayed or canceled due to security concerns.

Saudi Arabia also announced the cancellation of two additional events, Intersec Saudi Arabia and the Saudi Retail Forum, both of which have been rescheduled for later dates. The decision to postpone these events was made in coordination with the venue, local government partners, and event stakeholders, with the goal of prioritizing safety and security while preserving the international scale and high-calibre attendance.