🔻Concern about the escalation of the economic consequences of the war with the Houthis for Saudi Arabia

🔻Concern about the escalation of the economic consequences of the war with the Houthis for Saudi Arabia

Concern about the economic consequences of the war with the Houthis for Saudi Arabia has increased even more.

It is expected that Saudi Arabia’s gross domestic product will fall by 3.6% this year. Reduced activity and oil exports, as well as the closure of airports, are among the factors involved.

Saudi Arabia’s main airports have stopped operating until next Saturday, and airlines that are canceling their flights to Saudi Arabia are increasingly doing so.

Houthi attacks have put two major conferences to be held in Saudi Arabia under challenge, including the International Oil Congress in Riyadh, which began on Sunday, during which the names of several senior executives of oil companies were removed from its program.

Hashtags: ["BBC Persian"]