Saudi Arabia Postpones FII Summit After Houthi Attacks

Saudi Arabia has postponed its flagship Future Investment Initiative (FII) conference, which was scheduled to take place in Riyadh from October 26 to 29. Bloomberg reports the postponement to 2027 follows multiple attacks on the kingdom in recent days. Live Mint states the decision was made as escalating missile and drone attacks by Iran-backed Houthi militants raise security concerns and disrupt efforts to attract global investors.

Live Mint reports that an attack by Iran-backed Houthi rebels on Riyadh's King Khalid International Airport left at least 13 people dead. While Princess Maha Bint Mishari Al Saud stated on Monday that officials were postponing the event until next year to ensure the landmark tenth edition delivers full scale and quality, Live Mint reports the conference has been postponed until 2027. The FII Institute said new dates will be announced soon and that existing registrations and partnerships will remain valid.

Brief written by urgent.news from Bloomberg, Live Mint — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.