Saudi Arabia has postponed its major investment conference, known as ‘Davos in the Desert’, initially planned for October 26-29, until 2027. This decision comes as a direct result of escalating missile and drone attacks launched by Houthi militants, supported by Iran. The deteriorating security environment in Saudi Arabia is causing concerns among international business leaders and impacting their willingness to participate. This postponement presents a potential setback for Saudi Arabia’s plans for economic diversification, which relies heavily on foreign investment. The conference, a key platform for attracting global capital, now faces significant uncertainty regarding its future. Organizers are working to secure a new date, but the ongoing instability poses a considerable challenge. The cancellation of the Riyadh meeting highlights the impact of regional conflicts on the Kingdom's economic agenda.