Saudi Arabia Postpones Future Investment Initiative to 2027 Amid Escalating Houthi Attacks
Saudi Arabia has postponed its annual investor conference, the Future Investment Initiative (FII), originally scheduled for October 26–29 in Riyadh. The event will now take place in 2027 due to security concerns following a deadly attack by Iran-backed Houthi militants on King Khalid International Airport earlier this month that killed at least 12 people and injured over 300 others. The FII, launched in 2017 as part of Saudi Arabia’s Vision 2030 economic diversification plan, was expected to feature high-profile speakers such as Jamie Dimon (JPMorgan Chase), David Solomon (Goldman Sachs), Larry Fink (BlackRock), and others. The postponement highlights the growing instability in the region amid a surge in Houthi attacks on Saudi infrastructure, including airports and oil facilities. The decision reflects broader regional tensions linked to U.S.-Iran relations and underscores how geopolitical risks are disrupting major economic events.
Topics: geopolitical conflict investment conference security threat
Part of the story Saudi Arabia Postpones Future Investment Initiative to 2027 Amid Escalating Houthi Attacks (2 articles)