Economy · Riyadh, Saudi Arabia · October 19, 2026

Saudi Arabia postpones 'Davos in the Desert' investor summit to 2027

Reported by 2 outlets · first reported Oct 19, 11:29 AM ET

Saudi Arabia postponed its Future Investment Initiative conference, due next week, amid escalating Houthi missile and drone attacks on the kingdom, according to the Financial Times and CNBC.

Why it matters

The delay signals how regional war is disrupting Gulf efforts to attract global investment.

Background

The FII is the kingdom's flagship gathering of global financiers, tied to its economic diversification drive. Houthi attacks escalated after a deadly airport strike earlier this month.

The story so far

1. Oct 19Saudi Arabia postpones 'Davos in the Desert' investor summit to 2027
2. Oct 21Saudi Arabia cancels investor forum as Houthi attacks continue
3. Oct 26Houthis claim attacks on Saudi pipeline; Egypt authorizes support
4. Oct 27Houthis target Saudi Arabia; Egypt approves military support

Follow the whole story →

Sources

• CNBC ↗Oct 19, 3:37 PM ET
• Middle East Eye ↗Oct 19, 11:29 AM ET

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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