Middle Eastern economies are feeling the pinch as the ongoing Iran conflict sends shockwaves through the region. In a significant move, Abu Dhabi, Qatar, and Kuwait have opted to avoid public markets for fundraising, instead seeking alternative routes to bolster their finances. This decision comes as the escalating tensions with Iran have already delivered a substantial economic hit, with oil prices soaring to multi-year highs. As the situation continues to unfold, these Gulf states are taking a cautious approach to mitigate the impact of the conflict on their already fragile economies.
Abu Dhabi, Qatar and Kuwait avoid public markets for fundraising as Iran conflict delivers economic hit
