Saudi Arabia postpones future investment initiative until 2027 following Houthi attacks

Saudi Arabia has postponed its flagship Future Investment Initiative (FII) conference until next year following a series of deadly attacks and the suspension of operations at Riyadh’s international airport, organizers announced Monday, Anadolu reports. The annual investment forum, organized by the Future Investment Initiative Institute, had been scheduled to take place in Riyadh from 26th-29th October, attracting international political leaders, investors and senior business executives. According to Reuters, organisers confirmed the postponement amid heightened security concerns following attacks on the Kingdom in recent weeks, as regional hostilities continue to escalate. Agence France-Presse (AFP) reported that the decision represents a setback for Saudi Arabia’s efforts to attract foreign investment, diversify its oil-dependent economy and advance its economic reform agenda. A consultant […]