Saudi Arabia postpones its major investor conference to 2027
Riyadh has delayed its flagship investment forum until next year, citing escalating attacks by the Houthis. Government staff have also been told to work from home.
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What happened
Saudi Arabia has postponed its flagship investor conference until 2027. The decision follows escalating attacks on the kingdom by the Iran-backed Houthis. Government staff have been ordered to work from home.
Why it matters
The postponement cancels the 2026 edition of the event, known as Davos in the Desert. The reports give no further stakes beyond the cancellation and the work-from-home order.
Timeline
- Oct 19, 11:14 AM ET: Saudi Arabia postponed its major investor conference to 2027 as Houthi attacks escalated.
- Oct 19, 9:05 PM ET: Saudi Arabia ordered government staff to work from home while the 2026 conference was called off.
Coverage
- Saudi Arabia cancels 2026 ‘Davos in the Desert’ amid Houthi attacks (Al Jazeera)
- Saudi Arabia postpones big investor conference to 2027 as Iran-backed Houthis escalate attacks on kingdom (CNBC)
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