
Saudi Arabia has postponed its annual Future Investment Initiative conference from October 2026 to 2027 following escalated missile and drone attacks by Iran-backed Houthi militants, including a deadly strike on King Khalid International Airport in Riyadh on October 10 that killed at least 12 people and injured over 300.
AI-generated summary
The Future Investment Initiative is Saudi Arabia's annual flagship investment conference, designed to attract global capital and showcase the kingdom's economic transformation under Vision 2030. The Houthis, an Iran-backed militant group based in Yemen, have been engaged in a conflict with Saudi Arabia since 2015.
Saudi Arabia has postponed its big annual investor conference until 2027 as Iran-backed Houthi militants have escalated missile and drone attacks on the kingdom in recent weeks.
The Future Investment Initiative was originally scheduled to take place in the Saudi capital Riyadh from Oct. 26 to Oct. 29.
The decision to postpone the conference comes after the Houthis attacked King Khalid International Airport in Riyadh on Oct. 10, leaving at least 12 people dead and more than 300 injured.
- | Afp | Getty Images
The conference organizers said in an email that they will communicate new dates for the event soon. Some of the biggest names in business and finance were listed as speakers for the conference.
They included JPMorgan Chase's Jamie Dimon, Goldman Sach's David Solomon, Blackstone's Stephen Schwarzman, BlackRock's Larry Fink, and Citigroup's Jane Fraser among others.
The Houthis have launched repeated volleys of missiles and drones at Saudi Arabia since the deadly airport attack.
AI outlook — possibilities, not facts
The Future Investment Initiative will be held in 2027 with enhanced security measures
Likely · Within months
Houthi attacks on Saudi Arabia will continue in the short term
Likely · Within weeks

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