Middle East faces economic storm as market slumps, oil dips and global tensions rise | CNN Business

Middle East faces economic storm as market slumps, oil dips and global tensions rise

By Yara Enany, CNN

Published 11:37 AM EDT, Fri April 11, 2025

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Middle East faces economic storm as market slumps, oil dips and global tensions rise

This week, the Middle East felt the heat with Saudi stocks plummeting, and the PGA Tour rejecting a $1.5 billion Saudi investment offer. Meanwhile, Macron’s visit to Egypt secured a $284 million deal to boost the country’s economy. It’s been a week of big shifts and global impact.

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Marketplace Middle East 16 videos

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Middle East faces economic storm as market slumps, oil dips and global tensions rise

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The global race for critical minerals — and the Gulf’s new role

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Why the global AI race is shifting to the Gulf

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Inside Saudi Arabia’s big tourism drive and the race to 150 million visitors

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Oil faces a turning point as oversupply and uncertainty rise

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IPO momentum builds in the Gulf

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