US EditionFinancial Strain From ME War Force Gulf Countries to Rethink Investments
15 Articles
15 Articles
Data center, Ia, raw materials, energy infrastructure, tourism and fashion: joint projects of tens of billions are at stake.Some large Gulf countries are considering a review of foreign investment and future commitments to alleviate the pressure on public finances caused by the war with Iran. To pay the bill could be the whole European Union and therefore also Italy. Continue reading
Any measure that affects investments in the US or other Western countries could increase pressure on Trump to pursue a diplomatic strategy that ends the war.
Conflict-hit Gulf states may review Africa investments
Gulf states could review their overseas investments and future commitments to ease financial pressure caused by the Middle East conflict, a shift that would deal a blow to many African countries. The Financial Times, citing an unnamed Gulf official, reported that a rethink could impact anything from investment pledges to foreign states to contracts with businesses. Gulf capital has helped African countries grappling with the impact of Western de…
The pressure on the budgets of Gulf countries could lead them to reconsider their foreign investments and future commitments as they consider options to alleviate the financial burden caused by the US-Israeli war against Iran, the Financial Times writes.
Gulf states weigh pulling investments from US, as war impacts budget: Report
The sovereign wealth funds and investment pledges of Gulf allies to Washington have come under doubt after the US and Israel began a war on Iran. According to a report in the Financial Times, three of the four major Gulf economies – Saudi Arabia, the United Arab Emirates (UAE), Kuwait and Qatar – have quietly begun reviewing whether they can invoke force majeure clauses in existing contracts and scale back future investment commitments. Energy …
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