Khashoggi issue affects Saudi economy

The crisis that started with the disappearance of the dissident Saudi journalist Jamal Khashoggi has had grave effects on the Saudi economy, as well. 

Many international firms as well as investors have cancelled their participation in a Saudi investors' conference scheduled to be held in Riyadh late October. On the other hand, the Saudi stock market has been plunging sharply over the past few weeks. Even the kingdom's national currency has been losing its value against mainstream currencies.  

 

 


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