Saudi Arabia’s flagship investment conference, widely referred to as "Davos in the Desert," has been delayed until next year following a series of lethal attacks by Iran-aligned Houthi rebels earlier this month. The Future Investment Initiative (FII) Institute announced the postponement of the 10th edition, originally scheduled for later this year, citing ongoing security concerns. The decision comes as tensions in the region escalate, raising questions about the economic and political fallout for Saudi Arabia’s business and diplomatic engagements. The conference, a major platform for global investors and leaders, had been anticipated as a key event for regional economic strategy.
The Saudi government has postponed its annual investment conference — known colloquially as “Davos in the Desert” — to next year, after the Iran-backed Houthi rebels carried out multiple deadly attacks on Saudi Arabia earlier this month. Organizers at the Future Investment Initiative (FII) Institute postponed the 10th edition of the conference, which was set...
