Saudi Arabia has delayed its high-profile investment conference, originally scheduled for this year, until 2027 following a series of fatal attacks by Iran-backed Houthi rebels earlier this month.
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01Summary
- 01The Future Investment Initiative Institute postponed the 10th edition of the conference, known as 'Davos in the Desert', to 2027.
- 02The delay follows multiple deadly attacks on Saudi Arabia by Iran-backed Houthi rebels earlier this month.
- 03The conference was initially set to take place this year.
02Why it matters
This delay signals heightened security concerns in the region, potentially affecting foreign investment and economic planning in Saudi Arabia.
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