Saudi Summit Postponed To 2027: FII cancels Riyadh meet; Houthi attacks fuel investment uncertainty
Saudi Arabia's highly anticipated investment conference, initially scheduled for October 26-29, has been postponed due to a rise in missile and drone attacks from Iranian-backed Houthi militants. This pivotal event, often dubbed 'Davos in the Desert', aims to find a new date in 2027. The worsening s
Saudi Arabia's highly anticipated investment conference, initially scheduled for October 26-29, has been postponed due to a rise in missile and drone attacks from Iranian-backed Houthi militants. This pivotal event, often dubbed 'Davos in the Desert', aims to find a new date in 2027. The worsening security situation is making international executives rethink their attendance, which could hinder Saudi Arabia's ambitious economic diversification initiatives moving forward.
Read the complete story at TOI World