How will Saudi Arabia deal with the stock market plunge?
6 years, 3 months ago

How will Saudi Arabia deal with the stock market plunge?

Al Jazeera  

Saudi shares take a dive in the aftermath of the disappearance of journalist Jamal Khashoggi. The fall comes a day after US President Donald Trump threatened ‘severe punishment’ if Saudi Arabia was found to be responsible for Khashoggi’s disappearance, but Riyadh warned it would retaliate if economic sanctions are imposed on it. As pressure mounts on Saudi Arabia, several US media organisations and business leaders have pulled out of a major investment conference in Riyadh. What was dubbed “Davos in the desert” is supposed to promote Saudi Crown Prince Mohammed bin Salman’s reform vision for the Kingdom. Presenter: Imran Khan Guests: Khalid al-Khater – economist and researcher at the Institute for New Economic Thinking at the University of Cambridge Naeem Aslam – chief market analyst at ThinkMarkets Imad Harb – director of research and analysis at the Arab Center in Washington, DC

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