FII Postponed To 2027

What happened

The outlets' own sentences, most widely reported first. Hover or tap one to see who reported it.

Analysis

How it changed

1. 19 Oct

   Saudi Arabia announced the postponement of its influential “Davos in the Desert” investment conference, one of the world’s preeminent, in Riyadh over security concerns following continued Houthi attacks.

   3 outlets · Washington Examiner
2. 20 Oct

   Expected speakers for this year’s event included Goldman Sachs CEO and Chairman David Solomon, Standard Chartered CEO Bill Winters and Citi’s CEO Jane Fraser, according to a draft programme.

   2 outlets · South China Morning Post

Coverage 6 articles

• 23 Oct The prince’s bet on Trump is blowing up in his faceMohammed bin Salman's annual Future Investment Initiative summit in Riyadh was postponed indefinitely due to security concerns and the ongoing conflict with the Houthis in Yemen. The article highlights how Prince Mohammed’s ambitious plans for economic reform and military intervention have failed, leading to a crisis that has disrupted business and tourism in Saudi Arabia. The cancellation of FII symbolizes his…Sydney Morning Herald
• 20 Oct Saudi Arabia postpones ‘Davos in the Desert’ summit to 2027 after deadly attacksSaudi Arabia has postponed the Future Investment Initiative conference, often called “Davos in the Desert,” from October 26-29 to 2027 due to recent deadly attacks from Yemen's Houthis. The event was scheduled for its tenth edition and had attracted high-profile speakers including executives from Goldman Sachs, Standard Chartered, and Citi. Organizers cite security concerns as the reason for the delay of what has…South China Morning Post
• 20 Oct Saudi Summit Postponed To 2027: FII cancels Riyadh meet; Houthi attacks fuel investment uncertaintySaudi Arabia has postponed its Future Investment Initiative conference, originally scheduled for October 26-29, due to escalating attacks by Houthi militants backed by Iran. The event, often referred to as “Davos in the Desert,” will now be held in 2027 instead of this year. Notable attendees like Jamie Dimon and Jane Fraser were expected at the conference, which aims to highlight Saudi Arabia's economic strength…Times of India
• 20 Oct Saudi Arabia postpones ‘Davos in the Desert’ summit to 2027 after deadly attacksSaudi Arabia has postponed its flagship investment conference, known as the Future Investment Initiative or “Davos in the Desert,” from October 26-29 to 2027 due to recent deadly attacks by Yemen's Houthis. The event was set for its tenth edition and had been expected to attract major financiers like David Solomon of Goldman Sachs and Jane Fraser of Citi. Organizers cite security concerns amidst escalating Middle…South China Morning Post
• 19 Oct Saudi Arabia postpones ‘Davos in the Desert’ investment conference over Houthi attacksSaudi Arabia has delayed its “Davos in the Desert” investment conference in Riyadh due to security concerns related to ongoing Houthi attacks. The Future Investment Initiative (FII) conference, a key event for Saudi Crown Prince Mohammed bin Salman since 2017, was originally set for October 26-29 but will now take place at an unspecified date next year. This is the second time the conference has been postponed or…Washington Examiner
• 19 Oct Saudi to decide on postponing FII after Wall Street lobbyingSaudi Arabia is considering postponing its Future Investment Initiative (FII) conference due to safety concerns relayed by Wall Street executives to the kingdom’s sovereign wealth fund boss, Yasir Al-Rumayyan. This decision, which could be announced as soon as Monday, follows recent attacks on Riyadh that have led other events to be postponed. The article suggests that continuing with FII would contradict Saudi…Semafor

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