Saudi Arabia Delays Flagship Investment Summit to 2027 After Houthi Attacks
Horizons Middle East & Africa is your daily spotlight on one of the world's fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg. (Source: Bloomberg)
Saudi Arabia has postponed its Future Investment Initiative (FII) conference to 2027 due to increasing missile and drone attacks by Iran-backed Houthi rebels. The event, typically held in Riyadh from October 26 to 29, was expected to feature executives from major financial institutions. The decision comes after a Houthi attack on King Khalid International Airport in Riyadh, which killed at least 13 people, and threats to other strategic sites.
Princess Maha Bint Mishari Al Saud announced the postponement, stating that the new dates would be announced soon and that existing registrations and partnerships would remain valid. The 2026 conference was to feature prominent figures such as JPMorgan Chase CEO Jamie Dimon and Citigroup CEO Jane Fraser. S&P Global's Dan Yergin stated that the security situation made the postponement a "reasonable decision."
Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
