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Logistics (MENA) 
GCC could see external funding outflows due to the Israel-Iran conflict, but the UAE is likely to weather the storm -S&P Global
External funding outflows could reach around USD 240 bn
Short-term impacts of the Iran-Israel conflict could be positive for the GCC, but longer-term impacts are less certain
Economists are weighing different scenarios depending on both the intensity and the duration of the conflict
THIS MORNING: Middle East IPO pipeline still intact amid conflict-induced jitters + Gulf visa gets the greenlight
Plus: Abu Dhabi eyes AED 47 bn in infrastructure contracts for 2H
UAE continues diplomatic push to emphasize need for de-escalation between Iran and Israel
The talks aimed to coordinate international efforts to reduce tensions and contain the conflict's potential spread
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
How the Israel-Iran escalation could impact the UAE’s economic prospects
While higher oil prices will boost revenues, non-oil growth and investments could be impacted
THIS MORNING: G7 summit kicks off against the backdrop of escalating Middle East tensions
Plus: Dubai to implement flexible working for government employees this summer
THIS MORNING: Opec+ to hike production next month + Emergency Gaza-focused Arab League summit kicks off in Egypt today
Plus: Wood Group taps Rothschild for debt refinancing amid Sidara takeover talks
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