Economy·October 19, 2026 at 10:25 AM EDT·6 sources
Saudi Arabia to postpone in-person ‘Davos in the desert’ event after Houthi attacks
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News
New event year2027
Injuries in airport attackmore than 300
Original event datesOct. 26 to Oct. 29
Deaths in King Khalid International Airport attackat least 12
What happened
- Saudi Arabia postponed its annual Future Investment Initiative conference, scheduled for Oct. 26 to Oct. 29 in Riyadh, until 2027.
- Organizers said new 2027 dates will be announced soon.
- The decision followed renewed missile and drone attacks by Iran-backed Houthi militants on Saudi Arabia.
Original event dates
Oct. 26 to Oct. 29
New event year
2027
Deaths in King Khalid International Airport attack
at least 12
Injuries in airport attack
more than 300
Why it matters
The postponement highlights worsening regional security risks for investors, executives and lenders, while disrupting a prominent forum for Saudi Arabia’s economic-diversification agenda.
What to watch. Organizers said they will announce the new 2027 dates soon.
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Timeline
- EarlierOct 19Indonesian Stocks Tumble to Lowest Since 2020 After MSCI Warning
- First reported by Financial TimesOct 19Saudi Arabia to postpone in-person ‘Davos in the desert’ event after Houthi attacks
- CNBC reportsOct 19Saudi Arabia postpones big investor conference to 2027 as Iran-backed Houthis escalate attacks on kingdom
- The New York Times reportsOct 19Saudi Arabia Postpones Its FII Investment Event After Houthi Attacks
- Business Insider reportsOct 19Saudi Arabia postpones major investment conference as Iran war fallout expands
- Bloomberg reportsOct 20Saudi Arabia Postpones FII Summit After Houthi Attacks
- The Wall Street Journal reportsOct 20The Morning Risk Report: Saudi Arabia Postpones ‘Davos in the Desert’
Who is involved
Saudi Arabia to postpone in-person ‘Davos in the desert’ even…Saudi ArabiaFuture Investment InitiativeJPMorgan ChaseJPMGoldman SachsGSBlackstoneBXJamie DimonDavid SolomonStephen Schwarzman
AgencyFundCompanyPerson
Sources (6)
- Financial TimesOct 19Saudi Arabia to postpone in-person ‘Davos in the desert’ event after Houthi attacks
- CNBCOct 19Saudi Arabia postpones big investor conference to 2027 as Iran-backed Houthis escalate attacks on kingdom
- The New York TimesOct 19Saudi Arabia Postpones Its FII Investment Event After Houthi Attacks
- Business InsiderOct 19Saudi Arabia postpones major investment conference as Iran war fallout expands
- BloombergOct 20Saudi Arabia Postpones FII Summit After Houthi Attacks
- The Wall Street JournalOct 20The Morning Risk Report: Saudi Arabia Postpones ‘Davos in the Desert’
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