NYT reports Gulf economies contracting amid Iran war
1Nov 2 · 11d ago · 5 articles · 1 post · 3 sources · development 1 of 1
New York Times coverage indicates that Gulf states like Saudi Arabia and the UAE, which have pursued economic diversification away from energy dependence, have seen growth plunge significantly over the past year due to regional strife involving Iran.
“States like Saudi Arabia and the United Arab Emirates that have worked to rebalance from a dependence on energy have seen growth plunge in a year of strife.”