THE BARE STORY
Saudi Arabia has postponed its annual Future Investment Initiative conference, which had been scheduled in Riyadh from Oct. 26 to Oct. 29, until 2027. Organizers said new dates would be announced soon.
The decision follows an escalation in missile and drone attacks on the kingdom by the Iran-backed Houthi group. The attacks included a deadly strike earlier this month on King Khalid International Airport in Riyadh.
Saudi Arabia’s armed forces spokesperson said the military had destroyed several drones launched toward the Riyadh region and intercepted missiles over the Red Sea, including one headed toward the port city of Yanbu.
The United States issued coordinated security alerts for Americans in 12 countries and territories in the region, warning that hostilities involving the Houthis could expand. The U.S. Embassy in Saudi Arabia also advised travelers to use extreme caution because of possible airport attacks, airspace closures and flight disruptions.
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