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Rania al-Mashat Warns of Shipping Impact on SMEs
The article discusses the impact of navigation disruptions and supply chain issues on small and medium-sized enterprises (SMEs) in the Arab region. Dr. Rania al-Mashat emphasized that these companies are more adversely affected due to their limited capacity to change suppliers or rebuild supply networks compared to larger companies. She explained that rising insurance costs and affected economic growth increase the financial risks for these businesses, which in turn impacts their sustainability. She pointed out that the transportation crisis leads to higher prices borne by consumers, affirming that protecting maritime routes is linked to development and social stability. These challenges require regional integration and investment in transportation networks to address supply disruptions.
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