18-October-2026
Corporate News
 
Gulf economies face multi-billion-dollar hit as airport shutdowns disrupt travel and trade
17-Oct-2026

Gulf economies have taken a massive hit amid the West Asia conflict — with airspace closures triggering multibillion-dollar losses. The International Monetary Fund has also warned of a 0.3% economic contraction across the Middle East and Central Asia region as the conflict remains deadlocked and attacks continue there.

News Source:- https://www.financialexpress.com/world-news/gulf-economies-face-multi-billion-dollar-hit-as-airport-shutdowns-disrupt-travel-and-trade/4363591/?ref=business_hp