Saudi Arabia postpones ‘Davos in the Desert’ summit to 2027 after deadly attacks

AI Summary

Saudi Arabia postponed its Future Investment Initiative conference, known as “Davos in the Desert,” until 2027 after deadly attacks in the kingdom and widening regional conflict disrupted business. Organisers said the event had been scheduled for October 26–29 and that a new date would be announced.

Saudi Arabia has decided to postpone its flagship investment conference until next year, organisers confirmed in a statement on Monday, following deadly attacks which rocked ‌the kingdom in recent weeks as the Middle East conflict widens, disrupting business. The Future Investment Initiative, or FII, was planned for October 26 to 29, but will now take place in 2027, with a new date to be announced “very soon,” the organisers said. Reuters reported earlier Monday that the in-person event had been...