Saudi Arabia has postponed its flagship Future Investment Initiative (FII) conference, known as 'Davos in the Desert,' which was scheduled to run from October 26 to 29 in Riyadh. Organizers cited security concerns stemming from continued Houthi attacks as the reason for the postponement, which delays the event until next year.
organisation
Houthis
Yemeni rebel group
The United Arab Emirates has agreed to re-enter the Yemen conflict by resuming payments to anti-Houthi government forces, with Saudi Arabia providing air cover, in a sign the two Gulf states are mending their deep rift in the face of Houthi territorial gains.