July 13, 2026

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Saudi King – World facing covert economic war (SaudiGazette.com.sa)

World leaders vowed Saturday in Beijing to overhaul the global financial system in the face of recession fears.

RIYADH – Hit hard by tumbling economy, the world is facing a covert economic war, King Abdullah, Custodian of the Two Holy Mosques, said Saturday in a meeting with press officials and editors-in-chief of Saudi newspapers in Riyadh.

As the GCC ministers of finance met Saturday in Riyadh to tackle the looming financial crisis, the King warned that the Gulf, which was forging ahead in all fields, was also being targeted.
The King stressed that the interests of religion and nation should be kept first.

(Read more at: http://www.saudigazette.com.sa/index.cfm?method=home.regcon&contentID=2008102620226 )