Saudi Arabia postpones major investment conference as Iran war fallout expands

What happened: Saudi Arabia postponed the Future Investment Initiative conference, which was scheduled for October 26 through the 29th, until next year. Princess Maha Bint Mishari Al Saud announced the decision on Monday. Key numbers: Event dates were October 26 to 29. Why it matters: The event had drawn Goldman Sachs CEO David Solomon, JPMorgan Chase CEO Jamie Dimon, and BlackRock CEO Larry Fink. Organizers said new 2027 dates will be announced soon, as fighting renewed between Iran-backed Houthi rebels and Saudi Arabia.

Saudi Arabia postponed the Future Investment Initiative conference, which was scheduled for October 26 through the 29th, until next year. Princess Maha Bint Mishari Al Saud announced the decision on Monday.

The event had drawn Goldman Sachs CEO David Solomon, JPMorgan Chase CEO Jamie Dimon, and BlackRock CEO Larry Fink. Organizers said new 2027 dates will be announced soon, as fighting renewed between Iran-backed Houthi rebels and Saudi Arabia.