Gulf backing for Bahrain led by UAE

Sources expect Bahrain to receive financial support from the Gulf, led by the UAE, to help it confront the escalating economic crisis resulting from rising debt levels—which are estimated to be over 150% of GDP—and a decline in foreign reserves by more than 50% since March. This comes amid pressures from the ongoing war and its economic repercussions, with the support potentially including plans to restore bond stability and ensure financial sustainability.

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