The Iran-backed Houthi group's attacks on Saudi Arabia are disrupting sports tournaments and business events, undermining the kingdom's efforts to attract investment and enhance its international profile.
01Summary
- 01Houthi attacks have disrupted sports tournaments in Saudi Arabia.
- 02The attacks threaten business events the kingdom uses to attract investment.
- 03The Houthis are an Iran-backed group targeting Saudi soil.
- 04Saudi Arabia has long used these events to raise its international profile.
02Why it matters
This matters because it jeopardises Saudi Arabia's strategy of using high-profile events to diversify its economy and project soft power, potentially deterring foreign investment.
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