Saudi Arabia News » Riyadh News Saudi Arabia » Riyadh » Finance: Saudi Arabia postpones big investor conference to 2027 as Iran-backed Houthis escalate attacks on kingdom
Iran-backed Houthi militants have launched repeated volleys of missiles and drones at Saudi Arabia since a deadly airport attack earlier this month.
News Saudi Arabia » Riyadh » Finance: Saudi Arabia postpones ‘Davos in the Desert’ event slated for next week
The conference will be delayed until 2027, its organizers told attendees, following attacks by the Iran-backed Houthis on the kingdom’s airports.
News Saudi Arabia » Riyadh » Finance: Saudi Arabia wants to send 10 million barrels of oil a day around Hormuz. A former Treasury official says it may barely move prices
Aramco CEO Amin Nasser says the East-West pipeline will grow by 3 million barrels a day, but the expansion will take two to three years, and the line has been hit by drones repeatedly this year.
News Saudi Arabia » Riyadh » Finance: Houthi attacks force Saudi Arabia to postpone flagship investment summit until 2027
Attacks by Yemen's rebels disrupt Saudi Arabia’s push to attract global investors at the Future Investment Initiative, which was due to begin Oct. 26.
News Saudi Arabia » Riyadh » Finance: Saudi Arabia Is Building Its Own Way Around Hormuz
Saudi Arabia is turning its Hormuz workaround into a long-term oil strategy, aiming to nearly double pipeline capacity to 10 million barrels a day even after the strait reopens.
News Saudi Arabia » Riyadh » Finance: Saudi Arabia's 'Davos in the Desert' postponed to 2027 as Houthi attacks disrupt Riyadh
Saudi Arabia has postponed its Future Investment Initiative summit, known as 'Davos in the Desert', to 2027 after Houthi attacks disrupted Riyadh, air travel and major business events.
News Saudi Arabia » Riyadh » Finance: Saudi Arabia postpones 'Davos in the Desert' until 2027 amid Houthi attacks
The Future Investment Initiative, which typically attracts the CEOs of some of the biggest companies in business, finance, and technology to Riyadh, will now be held next year.
News Saudi Arabia » Riyadh » Finance: Fresh Houthi Attack Claims In Saudi Arabia As Kingdom Postpones Flagship Investment Summit
The group said it targeted an Aramco facility in Yanbu, the Shaybah oilfield, King Khalid International Airport in Riyadh and Abha airport. Saudi Arabia has not responded to the claims.
News Saudi Arabia » Riyadh » Finance: How the Iran war is ruining Saudi Arabia’s plans
A Houthi strike on Riyadh’s airport is disrupting more than just air travel.