{
  "id": 16906491,
  "title": "Wall St titans skip Riyadh, still come to Gulf",
  "url": "https://urgent.news/2026/10/28/wall-st-titans-skip-riyadh-still-come-to-gulf",
  "topic": "world",
  "section": "World",
  "published": "2026-10-28T13:24:33.000Z",
  "source": {
    "name": "Semafor",
    "slug": "semafor",
    "url": "https://www.semafor.com/article/10/28/2026/finance-titans-travel-to-gulf-despite-skipping-riyadh-events"
  },
  "original_language": "en",
  "account": "While Wall Street's top executives typically gather in Riyadh for the annual Financial Innovation Forum, this year they remained in the Gulf region due to Houthi attacks that forced the postponement of FII. Prominent figures such as Apollo's Marc Rowan, BlackRock's Larry Fink, Blackstone's Stephen Schwarzman, and KKR's Scott Nuttall traveled to Abu Dhabi and Kuwait, where they engaged in discussions with The National, the newspaper owned by the UAE's vice president. Rowan and Schwarzman highlighted potential opportunities in the region, notably driven by the ongoing war. Rowan predicted that Gulf states would invest $1 trillion in fortifying infrastructure and constructing alternative transportation routes, while Schwarzman anticipated a \"very substantial construction boom\" as countries relocate vulnerable infrastructure below ground.",
  "summary": "Houthi attacks forced the postponement of FII, but the likes of BlackRock’s Larry Fink made the trip anyway.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}