Princess Maha Bint Mishari Al Saud confirmed the delay on Monday, citing a commitment to the quality and safety of the landmark tenth edition. The gathering, originally slated for October 26, was expected to host top-tier executives including JPMorgan Chase CEO Jamie Dimon, Goldman Sachs CEO David Solomon, and BlackRock CEO Larry Fink.
In section Finance faces
Saudi Arabia Postpones Future Investment Initiative Amid Regional Conflict
Thirteen people dead following a Houthi strike on Riyadh's King Khalid International Airport have forced Saudi officials to scrap this month’s Future Investment Initiative. The flagship event, which draws the world’s most powerful financial leaders, will now move to 2027 as regional instability surrounding the US-Iran war intensifies.
Prior to the official cancellation, some attendees had reportedly planned to bypass direct flights by landing in Bahrain and driving five hours to reach the Saudi capital. The security climate has deteriorated rapidly as the informal 2022 truce between Riyadh and Houthi rebels dissolved, reigniting hostilities that date back to the 2015 Saudi-led intervention in Yemen. Organizers intend to announce the rescheduled 2027 dates in the coming weeks.
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