Saudi minister warns of economic fallout from Gaza conflict at WEF summit

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Saudi Arabia has called for regional “stability”, warning of the effects of the ongoing Israel-Hamas conflict on global economic sentiment at the start of a summit attended by a host of Gaza mediators, AFP reports.

The Gaza situation along with conflicts in Ukraine and elsewhere put “a lot of pressure” on the economic “mood”, Saudi Finance Minister Mohammed al-Jadaan said at one of the first panel discussions of the two-day World Economic Forum (WEF) special meeting.

“I think cool-headed countries and leaders and people need to prevail,” Jadaan said. “The region needs stability.”

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