Saudi Arabia postpones 'Davos in the Desert' investment conference
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.
TL;DR
- The "Davos in the Desert" investment conference in Riyadh has been postponed.
- The postponement is due to security concerns following Houthi attacks.
- The conference, officially the Future Investment Initiative, was scheduled for October 26-29.
- It has been rescheduled for next year.
- This event is a flagship initiative of Saudi Crown Prince Mohammed bin Salman, launched in 2017.
- The conference was previously canceled in 2020 due to COVID-19.