Veytics Intelligence
2026-10-19 · CNBC

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

Saudi Arabia has postponed its big annual investor conference as Iran-backed Houthi militants have escalated missile and drone attacks on the kingdom in recent weeks. The Future Investment Initiative, which was scheduled for Oct. 26, has been postponed until 2027. 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.

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