
Houthi Strikes Force Saudi Arabia to Cancel 2026 Investment Summit
Saudi Arabia has postponed its flagship Future Investment Initiative conference, often called the 'Davos of the Desert,' until 2027. The event, originally scheduled for October 26 in Riyadh, was canceled due to escalating security threats from Iran-backed Houthi militants. Recent attacks on Saudi infrastructure, including a deadly strike on the capital's international airport, have disrupted the kingdom's efforts to attract global capital and diversify its economy away from oil.













