Saudi Arabia postpones major investment conference as Iran war fallout expands
The postponement comes amid renewed hostilities between Iran-backed Houthi rebels and Saudi Arabia.
Saudi Arabia has postponed the annual Future Investment Initiative (FII) conference, originally scheduled for later this month, due to the escalating conflict between Iran and its Houthi-backed adversaries. The decision was made by Princess Maha Bint Mishari Al Saud, who expressed her deep commitment to ensuring the event meets the high expectations of its community.
The postponement comes in the wake of a recent Houthi attack on Riyadh's King Khalid International Airport, which left at least 13 people dead. CNBC reported that some delegates had planned to travel to Bahrain and then to Riyadh, highlighting the disruption caused by the postponement. Despite the setback, Saudi Arabia remains committed to delivering an extraordinary conference next year.
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