""In light of the current regional developments, and in close consultation with the Ministry of Economy and Planning of Saudi Arabia, the World Economic Forum will be rescheduling the Global Collaboration and Growth Meeting, which had been planned for April 2026 in Jeddah.""
""This reflects a commitment to convening the meeting under conditions that ensure its full strategic impact. We remain committed to facilitating a forward-looking agenda for the region and beyond and will provide updates about the rescheduled meeting in due course.""
""Initial analysis at the beginning of March suggested that the positive economic momentum of the Gulf—a center for innovation as well as liquidity—would outweigh drone attacks and retaliation strikes. As the conflict drags on, the data is becoming more negative.""
The conflict in Iran, which began on February 28, has led to lasting economic effects rather than a short-term impact. Major organizations, including the World Economic Forum, have postponed key events in the Gulf region due to the ongoing situation. The risk index for Gulf economies is increasing, and initial optimism about the region's economic resilience is fading. As the conflict continues, negative data regarding oil output and economic momentum is emerging, raising concerns among business leaders about future stability.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]