IMF's Christine Lagarde postpones trip to the Middle East
International Monetary Fund Managing Director Christine Lagarde has postponed her trip to the Middle East, according to an IMF statement on Wednesday.
Lagarde was due to visit Gulf states including Riyadh, Saudi Arabia next week to attend the Future Investment Initiative, also known as "Davos in the Desert," which is scheduled for Oct. 23 to 25.
"The Managing Director's previously scheduled trip to the Middle East region is being deferred," an IMF spokesperson said.
The IMF did not give a reason for the postponement. CNBC has reached out to the IMF for clarification.
Lagarde had been scheduled to attend an investing event ...
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