Three people familiar with the matter revealed that in response to the escalating attacks on Saudi airports, Saudi Arabia plans to postpone the offline event of its investment conference called “Desert Davos.” One of the people familiar with the matter said that the annual Future Investment Initiative Conference was originally scheduled to open next week, and the organizers are currently considering two options: hold it online as scheduled, or postpone it altogether. However, the source added that the conference will not carry out offline activities as originally planned. Prior to this decision, Yemen's Houthis had launched multiple rounds of attacks in recent weeks, including an attack on Riyadh Airport. This change has once again dealt a blow to Saudi Arabia's vision of building a global financial center. The Organizing Committee of the Future Investment Initiative Conference and the Saudi Government Press Office have yet to respond to requests for comment. The Future Investment Initiative Conference is one of the most watched conferences in the Gulf region. It usually attracts heads of state from many countries, as well as executives from major global banks, asset management institutions, and energy giants.

Three people familiar with the matter revealed that in response to the escalating attacks on Saudi airports, Saudi Arabia plans to postpone the offline event of its investment conference called “Desert Davos.” One of the people familiar with the matter said that the annual Future Investment Initiative Conference was originally scheduled to open next week, and the organizers are currently considering two options: hold it online as scheduled, or postpone it altogether. However, the source added that the conference will not carry out offline activities as originally planned. Prior to this decision, Yemen's Houthis had launched multiple rounds of attacks in recent weeks, including an attack on Riyadh Airport. This change has once again dealt a blow to Saudi Arabia's vision of building a global financial center. The Organizing Committee of the Future Investment Initiative Conference and the Saudi Government Press Office have yet to respond to requests for comment. The Future Investment Initiative Conference is one of the most watched conferences in the Gulf region. It usually attracts heads of state from many countries, as well as executives from major global banks, asset management institutions, and energy giants.