Saudi Arabia Delays Flagship Investment Summit to 2027 After Houthi Attacks

Name: Saudi Arabia Delays Flagship Investment Summit to 2027 After Houthi Attacks
Uploaded: 2026-10-20
Channel: Bloomberg Television
Description: Read a transcript preview of “Saudi Arabia Delays Flagship Investment Summit to 2027 After Houthi Attacks” from Bloomberg Television, uploaded on 2026-10-20.

Channel: Bloomberg Television

Uploaded: 2026-10-20

Duration not recorded

Read a transcript preview of “Saudi Arabia Delays Flagship Investment Summit to 2027 After Houthi Attacks” from Bloomberg Television, uploaded on 2026-10-20.

Transcript preview

Language: English (original, creator captions)

[0:13] ABEER: GOOD MORNING. THIS IS "HORIZONS MIDDLE EAST &

[0:14] AFRICA."

[0:16] AND MOMENTUM WAIVERS, ASIAN STOCKS FALL, DIVERTING FROM A

[0:19] CHIP LEAD RALLY ON WALL STREET REALLY BIG TECH EARNINGS WILL

[0:21] TEST CONFIDENCE AFTER BRUISING RUN FOR THE AI TRADE.

[0:31] HOUTHI ATTACKS PUSH THE BLACK SHIP AT SUMMIT 22027 AMID

[0:32] CONTINUING STRIKES. GOD'S MAIN AIRPORT REMAINS

[0:37] RESTRICTED AS AIRLINES SUSPEND SERVICES.

[0:41] AND FRENCH UNREST TAPERS OFF. PROTEST EASE AFTER TOUGHER SHE

[0:46] COULD MEASURES AND TARGETED AREAS. IT FOLLOWS THE WEEK IN A

[0:53] WIDESPREAD LOOTING AND THOUSANDS OF ARRESTS.

[0:56] I'M ABEER ABU OMAR IN DUBAI. LET'S START WITH THE USUAL LOOK

[1:00] AT WHAT MARKETS ARE DOING. YOU'RE LOOKING AT CONTINUED HIM

[1:05] INTO HIM FOR S&P FUTURES. .10 PERCENT HIGHER FOLLOWING A

[1:09] POSITIVE PERFORMANCE IN THE S&P 500 LED BY TECH, LED BY THE AI

[1:13] TRADE, THE NASDAQ OVER 1% HIGHER AT THE CLOSE AND THE

[1:19] STOCKS GAUGE, THE GATE FOR SEMICONDUCTORS SNAPPED EIGHT

[1:23] DAYS OF LOSSES AND GAINED ABOUT 1.6% AT THE CLOSE YESTERDAY.

[1:24] THAT PERFORMANCE IS NOT MIMICKED IN ASIA THIS MORNING,

[1:30] WE'VE GOT APRIL IN A SECOND TO TALK ABOUT WHAT EXACTLY IS

[1:32] HAPPENING THERE BUT TAKE A LOOK AT EUROPEAN FUTURES, .6% LOWER,

[1:35] THIS IS A WIDER STORY IN EUROPE BUT PROBABLY STEMMING FROM THE

[1:42] UNREST WE HAVE SEEN AND FRENCH SPONSOR LOWER THIS LOWER

[1:48] YESTERDAY AFTER THE WEEKEND'S EVENTS.

[1:50] SO WE WILL KEEP AN EYE ON THE EUROPEAN OPEN LATER TODAY.

[1:54] BRENT CRUDE GAINING ONLY SLIGHTLY, THE HOUTHI ATTACKS

[1:59] CONTINUE ON THE SAUDI ARABIA AND THEY HAD TO PUSH BACK THE

[2:02] BIGGEST CONFERENCE IN SAUDI ARABIA UNTIL