Coverage dated October 18, 2026 to October 21, 2026
The Morning Risk Report: Saudi Arabia Postpones ‘Davos in the Desert’
Headline from Wall Street Journal
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The Future Investment Initiative, which typically attracts the CEOs of some of the biggest companies in business, finance, and technology to Riyadh, will now be held next year.
By Timour Azhari, Federico Maccioni, Tala Ramadan and Alexander Cornwell Oct 19 (Reuters) - Saudi Arabia has decided to postponeits flagship investment conference until next year, organizers confirmed in a statement on Monday, following deadly attacks which rocked the kingdom in recent weeks as the …
By Matt Egan, CNN (CNN) — In a major setback for the kingdom’s economic ambitions, Saudi Arabia has canceled a major conference scheduled for next week in Riyadh amid a wave of attacks by Iran-backed Houthi militants.
Saudi Arabia announced the postponement of its influential “Davos in the Desert” investment conference, one of the world’s preeminent, in Riyadh over security concerns following continued Houthi attacks.
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.
The organizers of the Future Investment Initiative (FII), a major investment conference held in Saudi Arabia every year, announced on Monday that the event would be postponed from October 26-29 to an unspecified date in 2027.
