Saudi Arabia postpones big investor conference to 2027 as Iran-backed Houthis escalate attacks on kingdom

Iran-backed Houthi militants have launched repeated volleys of missiles and drones at Saudi Arabia since a deadly airport attack earlier this month.

Skip NavigationJoin ICJoin ProLivestreamMenu

  • The Future Investment Initiative, originally scheduled to take place in Riyadh from Oct. 26 to Oct. 29, has been postponed until 2027.
  • The decision to postpone comes after Houthi militants attacked the international airport in Riyadh, leaving at least 12 people dead and hundreds injured.
  • Some of the biggest names in business and finance were listed as speakers for the conference.

Saudi Arabia's energy infrastructure cannot afford more disruption: SVB Energywatch nowVIDEO02:58Saudi’s energy infra has shown resilience but we cannot afford more disruptionSquawk Box Asia

Saudi Arabia has postponed its big annual investor conference until 2027 as Iran-backed Houthi militants have escalated missile and drone attacks on the kingdom in recent weeks.

The Future Investment Initiative was originally scheduled to take place in the Saudi capital Riyadh from Oct. 26 to Oct. 29.

The decision to postpone the conference comes after the Houthis attacked King Khalid International Airport in Riyadh on Oct. 10, leaving at least 12 people dead and more than 300 injured.

This screen grab taken from CCTV footage played on a screen during a press conference by the Saudi-led coalition in Riyadh on October 15, 2026, and made available via AFPTV, shows what the coalition says was a Houthi attack on Abha International Airport on October 7, 2026. – | Afp | Getty Images

The conference organizers said in an email that they will communicate new dates for the event soon. Some of the biggest names in business and finance were listed as speakers for the conference.

They included JPMorgan Chase’s Jamie Dimon, Goldman Sach’s David Solomon, Blackstone’s Stephen Schwarzman, BlackRock’s Larry Fink, and Citigroup’s Jane Fraser among others.

The Houthis have launched repeated volleys of missiles and drones at Saudi Arabia since the deadly airport attack.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

Leave a Reply

Your email address will not be published. Required fields are marked *

About the Author

Easy WordPress Websites Builder: Versatile Demos for Blogs, News, eCommerce and More – One-Click Import, No Coding! 1000+ Ready-made Templates for Stunning Newspaper, Magazine, Blog, and Publishing Websites.

BlockSpare — News, Magazine and Blog Addons for (Gutenberg) Block Editor

Search the Archives

Access over the years of investigative journalism and breaking reports