EconomySaudi Arabia postpones flagship investment summit to 2027 after Houthi attacks

Name: Saudi Arabia postpones flagship investment summit to 2027 after Houthi attacks
Uploaded: 2026-10-20T08:53:53.000Z
Description: Saudi Arabia has pushed its flagship FII investment summit to 2027 as Houthi attacks disrupt travel and place the kingdom’s investment ambitions under scrutiny. Riyadh’s airport has limited traffic. Asian shares fell despite a rebound in US technology stocks; chip buying lifted the Nasdaq and reduced haven demand for Treasuries. Oil fluctuated near a five-month high, with Brent around $110.

Saudi Arabia has pushed its flagship FII investment summit to 2027 as Houthi attacks disrupt travel and place the kingdom’s investment ambitions under scrutiny. Riyadh’s airport has limited traffic. Asian shares fell despite a rebound in US technology stocks; chip buying lifted the Nasdaq and reduced haven demand for Treasuries. Oil fluctuated near a five-month high, with Brent around $110.

Bloomberg Television 2026-10-20 08:53