Saudi Arabia postpones the Future Investment Initiative "Davos in the Desert" conference to 2027 after Houthi attacks

Saudi Arabia has postponed the Future Investment Initiative conference, known as Davos in the Desert, and reports indicate its new date is 2027, following escalating attacks by the Iran-backed Houthis. Reports point to concerns over the flow of foreign investment, and Riyadh airport issued a notice requiring prior permission for flights.

AI-written summary of 10 sources; every verified point is backed by a verbatim quote. How Iyan works

• Saudi Arabia has postponed its annual investment conference after the Iran-backed Houthis escalated missile and drone attacks on the kingdom.

  «Saudi Arabia has postponed its big annual investor conference as Iran-backed Houthi militants have escalated missile and drone attacks on the kingdom in recent weeks.»

  CNBC
• Reports said the conference will be held next year, i.e., 2027.

  «will now be held next year.»

  Al-Monitor • Reuters
• The Financial Times reported, citing three people familiar with the matter, that Saudi Arabia is preparing to postpone in-person events after attacks on airports escalated.

  «Saudi Arabia is set to postpone in-person events at its “Davos in the desert” investment conference following an escalation in attacks on the country’s airports»

  Financial Times
• Riyadh Airport issued a notice to pilots requiring airlines to obtain prior approval for all arriving and departing flights.

  «The airport has issued a Notice to Airmen requiring airlines to obtain prior permission for all arrivals and departures»

  Business Today on MSN

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