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Saudi Arabia delays FII to 2027

Saudi Arabia delays FII to 2027

Saudi Arabia has announced the postponement of the tenth edition of the Future Investment Initiative Conference, originally scheduled to be held in Riyadh from October 26 to 29, 2023, to 2027. The delay is due to escalating security tensions in the region and their impact on economic activities. The conference will take place next year, with existing registrations and partnerships continuing, to ensure a high level of participation and the quality of the events. Recent Houthi attacks on energy facilities, infrastructure, and notably Riyadh Airport, were among the main factors behind the decision to delay. The conference is an important platform for attracting foreign investments and financing economic diversification projects in Saudi Arabia, and it typically features participation from international financial leaders.

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