2 Hrs
Source:
الشرق اللبنانية
Markets impacted by tensions and tariffs
Gulf markets are facing significant pressures due to escalating geopolitical tensions in the Middle East, with impacts including a decline in market shares for UAE equities and falling oil prices, while gold remains a safe haven. Concerns are mounting over the potential expansion of the Iranian conflict to the Red Sea and the Caspian Sea, despite the United States not conducting any new military strikes. Gold prices have risen, while oil prices have dropped, amid reports that the Saudi Public Investment Fund has signed memoranda of understanding worth $9.5 billion with international institutions. Investment activity continues despite the ongoing tensions.
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