Economy
IMF’s Lagarde Defers Trip to Saudi Arabia as Crisis Continues

The head of the International Monetary Fund deferred her trip to Saudi Arabia, where she had planned to attend an investment conference, adding to a growing number of business and finance leaders who’ve decided to skip the event after the disappearance of a Saudi journalist.
Managing Director Christine Lagarde’s previously scheduled trip to the Middle East is being “deferred,” a fund spokesperson said by email. Lagarde had said last week that she still intended to attend the Future Investment Initiative, which opens later this month.
The one-sentence statement from the IMF didn’t give a reason for the change or mention the summit.
Journalist Jamal Khashoggi disappeared two weeks ago after entering the Saudi consulate in Istanbul. Turkey suspects that he was murdered there, according to the New York Times and other media. The Saudi leadership denied any knowledge of his fate, but promised to determine all the facts and ensure accountability, said U.S. Secretary of State Mike Pompeo after meeting with the kingdom’s leaders.
A string of financial and business leaders has pulled out of the summit, which is organized by the Saudi crown prince, including JP Morgan Chase & Co.’s Jamie Dimon and Credit Suisse Group AG Chief Executive Officer Tidjane Thiam.
-
OER Magazines2 months ago
OER, February 25
-
Alamaliktistaad Magazines2 months ago
Al-iktisaad, February 2025
-
Economy1 month ago
Is Gold a Good Investment in 2025? A Deep Dive into the Precious Metal’s Future
-
Banking & Finance2 months ago
Sohar International Appoints Abdul Wahid Mohamed Al Murshidi as Chief Executive Officer
-
News2 months ago
Shell Oman Marketing Company Hosts the 1st Lubricants Technology Conference in Muscat
-
News2 months ago
Oman Explores Semiconductor & EV Investments with EONH Private Holdings & Jetour Global
-
News1 month ago
Nothing Phone 3a and 3a Pro launches in the Middle East
-
Food & Dining2 months ago
Al-Futtaim IKEA’s Iftar Buffet Is Back, Offering Classic Comfort and Bold New Tastes
You must be logged in to post a comment Login