Saudi Arabia’s high-profile Future Investment Initiative (FII) conference has been officially postponed until next year, according to an official announcement. The landmark tenth edition of the event, widely dubbed 'Davos in the Desert', was originally scheduled to run from October 26 to October 29.

FII Institute CEO Dr Maha Bint Mishari Al Saud purportedly stated that the delay stems from a 'deep commitment to partners and delegates' to ensure the event meets expected standards. Observers, however, point out that the abrupt rescheduling closely coincides with a sharp escalation in regional conflict and persistent security threats targeting the kingdom.

In recent weeks, ongoing strikes attributed to the Houthis have repeatedly targeted military, energy, and civilian infrastructure across Saudi Arabia, including Riyadh’s international airport. These attacks have resulted in casualties and widespread disruption, casting a shadow over the Saudi regime's ambitious economic transformation agenda.

In response to the growing threat landscape, government agencies and major corporate offices in Riyadh—including those based in the King Abdullah Financial District and the prominent Kingdom Centre tower—have instructed employees to work remotely until further notice as the capital faces repeated security challenges.

Source: www.aljazeera.com