Saudi Arabia has postponed the Future Investment Initiative conference until 2027 due to escalating Houthi attacks that have killed 18 people and prompted remote work orders in Riyadh.
01Summary
- 01The 2026 FII conference, scheduled for October 26-29, was postponed until next year, with a date to be announced.
- 02Houthi strikes on Saudi military, energy and civilian infrastructure have killed at least 18 and injured hundreds in recent weeks.
- 03Government agencies in Riyadh told employees to work from home from Monday to Thursday this week.
- 04The Kingdom Centre tower, housing the IMF regional office, also requested staff to stay away until further notice.
- 05Major US firms in the King Abdullah Financial District have asked employees to work from home.
02Why it matters
The cancellation of this flagship investment conference and the move to remote work signal that Houthi attacks are disrupting Saudi Arabia’s economic transformation plans and daily life in the capital.
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