The Aporia
Reuters. (2026, October 20). Saudi Arabia postpones ‘Davos in the Desert’ summit to 2027 after deadly attacks. South China Morning Post. https://www.scmp.com/news/world/middle-east/article/3371441/saudi-arabia-postpones-davos-desert-summit-2027-after-deadly-attacks?utm_source=rss_feed
Reuters. “Saudi Arabia postpones ‘Davos in the Desert’ summit to 2027 after deadly attacks.” South China Morning Post, 20 Oct. 2026, https://www.scmp.com/news/world/middle-east/article/3371441/saudi-arabia-postpones-davos-desert-summit-2027-after-deadly-attacks?utm_source=rss_feed.
Reuters. “Saudi Arabia postpones ‘Davos in the Desert’ summit to 2027 after deadly attacks.” South China Morning Post, October 20, 2026. https://www.scmp.com/news/world/middle-east/article/3371441/saudi-arabia-postpones-davos-desert-summit-2027-after-deadly-attacks?utm_source=rss_feed.
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On October 20, 2026, Saudi Arabia announced the postponement of its flagship investment conference, known as "Davos in the Desert," from October 26-29 to 2027 due to security concerns following deadly attacks by Yemen's Houthi rebels. The annual Future Investment Initiative (FII) had been scheduled for its 10th edition and was a key event for showcasing Saudi Arabia’s economic transformation plans, aimed at reducing dependence on oil. Wall Street executives, including the bosses of major banks like JPMorgan Chase, Citigroup, Goldman Sachs, and BlackRock, were set to attend but safety concerns led organizers to cancel the in-person meeting. The attacks have escalated tensions in the region, prompting travel advisories from several countries, highlighting growing investment uncertainty.