Home GCC Saudi Arabia Saudi Arabia delays showcase investment conference until January It will now be held on January 26-28 by Bloomberg September 2, 2020 Saudi Arabia has delayed its annual Future Investment Initiative conference, which in the past has hosted corporate titans including Jamie Dimon and Larry Fink, because of the coronavirus. The event, hosted by the kingdom’s sovereign wealth fund and dubbed Davos in the Desert by participants due to the presence of world leaders and captains of industry, was scheduled for October, according to the website for the conference. It will now be held on January 26-28, Saudi Arabia’s Future Investment Initiative Institute said in a statement. The conference has been delayed “after careful consideration and assessment of the global travel and airline outlook, as well as the regulations imposed by a significant number of countries,” it said. The postponement is the latest global event to be hit by the coronavirus. The World Economic Forum rescheduled its annual event, actually held in Davos, until summer next year. Tags Conference pandemic Postponement Saudi Arabia sovereign wealth fund 0 Comments You might also like China’s Baosteel doubles investment in Aramco, PIF steel venture to $1bn Saudi Arabia’s flynas places order for 75 A320neo, 15 A330neo Saudi’s PIF appoints Fahad Al Saif as new head of investment strategy Al-Futtaim’s Hasan Nergiz on BYD’s popularity in UAE, Saudi Arabia