Saudi warning about the economic repercussions of the Gaza war

Saudi Finance Minister Mohammed Al-Jadaan confirmed that the region's conflicts impose a lot of pressure on emotions, pointing out that the economy is affected by the public mood, in reference to the Gaza war.

He said in his speech before the World Economic Forum, which is hosted by the capital, Riyadh: “In the Kingdom of Saudi Arabia, and during the past few years, we have set a clear strategic goal, which is to reduce the escalation in the region.”

He added: "The region needs stability. The region really needs to focus on its people, growth and economy instead of politics and conflicts."

In his statements yesterday, the head of the World Economic Forum , Borg Brende, said about the Gaza crisis: “There is new momentum now in the talks regarding the hostages and also for a possible way out of the impasse we face in Gaza,” without mentioning more. Of the details.

There will be no Israeli participation in the summit, and Brende indicated that official mediation, which includes Qatar and Egypt, is unfolding elsewhere.

He added, "There will of course be discussions about the current humanitarian situation in Gaza, " and "regional aspects will also be discussed with Iran," which supports Hamas and Lebanese Hezbollah, during what "could become a very important meeting."

It is noteworthy that Saudi Arabia warned today, Sunday, of the repercussions of the war in Gaza on the global economy, calling for non-escalation in the bloody conflict that has been ongoing for nearly 7 months, during a special meeting of the World Economic Forum attended by a number of international mediators.