The cables of the Strait of Hormuz and the scenario of the destruction of hundreds of billions of dollars of capital of the sheikhs Qatar Al Arabi Al Jadid website: The economy of the countries of the Gulf Cooperation Council is facing an extraordinary challenge with the escalation of conflicts in the region after Iran threatened to target submarine Internet cables in case of renewed attacks against it. In this context, Alain Safa, an economist and professor of economics at the University of Nice, told Al Arabi Al-Jadid that this threat creates a significant concern with the movement of the Persian Gulf countries towards a service-based and digital economy; Because these sectors need huge investments and security stability to ensure their continuity. Alan Safa stated in this context that targeting submarine cables directly affects the banking sector and prevents customers from accessing services.

The cables of the Strait of Hormuz and the scenario of the destruction of hundreds of billions of dollars of capital of the sheikhs Qatar Al Arabi Al Jadid website: The economy of the countries of the Gulf Cooperation Council is facing an extraordinary challenge with the escalation of conflicts in the region after Iran threatened to target submarine Internet cables in case of renewed attacks against it. In this context, Alain Safa, an economist and professor of economics at the University of Nice, told Al Arabi Al-Jadid that this threat creates a significant concern with the movement of the Persian Gulf countries towards a service-based and digital economy; Because these sectors need huge investments and security stability to ensure their continuity. Alan Safa stated in this context that targeting submarine cables directly affects the banking sector and prevents customers from accessing services.