GCC Markets Will Step Up Diplomatic Efforts To De-Escalate Israel-Hamas War
Country Risk / Middle East / Fri 24 Nov, 2023
Key View
- We continue to expect that the Gulf Cooperation Council markets will maintain a cautious foreign policy approach to the Israel-Hamas war in order to de-escalate the geopolitical tensions, as evident by Qatar’s efforts to broker a ceasefire and by Saudi Arabia and the UAE using all channels of communication to push for a resolution