The tense situation between Saudi Arabia and the United Arab Emirates makes Middle Eastern companies walk on thin ice.
Middle Eastern businesses are increasingly watching the tense situation between Saudi Arabia and the United Arab Emirates with growing anxiety, fearing that it may impact commercial trade. Sources say that some companies operating in both countries have already begun to develop contingency plans to ensure business continuity in case the situation escalates further. The core risk lies in the approximately $22 billion trade volume between these two Gulf economic powerhouses, as well as the business confidence when vying for global financial center status.
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