The postponement affects the conference’s 10th edition, The Hill reports. The publication also identifies the Saudi government and the Future Investment Initiative Institute as the parties involved in postponing the event. The conference is colloquially known as “Davos in the Desert,” according to The Hill.
The delay was reported amid renewed hostilities involving Saudi Arabia and Iran-backed Houthi rebels. CNBC reported that Houthi militants launched repeated volleys of missiles and drones at Saudi Arabia after a deadly airport attack earlier in the month. Those incident details remain attributed to CNBC’s reporting.
The supplied reports specify that the conference was moved to 2027 but do not provide a specific date for the rescheduled event.