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GCC could see external funding outflows due to the Israel-Iran conflict -S&P Global
External funding outflows could reach around USD 240 bn
The GCC could see short-term gains from the Iran-Israel conflict. Longer-term impacts are less certain.
Economists are weighing different scenarios depending on both the intensity and the duration of the conflict
Markets rebound, but oil jitters and war risks keep nerves taut
The MSCI Emerging Markets Index rose 1% while US and European equities pared back losses
Trump calls to evacuate Tehran, sparking escalation concerns
PLUS: Acwa power aims to channel 75-85% capital increase proceeds towards new projects
Saudi-French peace conference postponed after Israel’s attack on Iran
PLUS: OpenAI reportedly in discussions with PIF for a USD 40 bn financing round
Gaza remains a focal point on Saudi’s diplomatic agenda
Taking to platforms at the UN and the Organization of Islamic Cooperation
Saudi FM, Arab counterparts hit the road to push for Gaza ceasefire
The move is part of Arab efforts to push for ceasefire in the besieged strip
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