6 Hrs
Source:
الاقتصادية
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Saudi Central Bank Warns Middle East Tensions Affect Global Economy
The Governor of the Saudi Central Bank, Ayman Al-Sayari, discussed the repercussions of ongoing conflict in the Middle East on the global economy, warning of rising pressures on energy and trade markets, as well as increasing economic challenges such as uncertainty and financial tensions. Al-Sayari affirmed that the conflict threatens to reduce financial safety margins and weakens growth prospects in the medium term, amid ongoing disparities among countries. He pointed out that the Saudi economy has demonstrated resilience thanks to cautious policies and strong financial reserves, with a focus on advancing Vision 2030 to diversify the economy and continuing efforts to support global financial stability.
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