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The escalation of the war of the brokers took over Capital outflow from Saudi Arabia and the United Arab Emirates destroyed the housing market in Dubai International companies, which considered Saudi Arabia as an investment paradise years ago, are now announcing one by one that they are leaving this country. In the last eight months, the housing market in Dubai has lost about half of its transaction value. According to Keyhan, in a situation where some of the countries of the Persian Gulf are under the illusion that by supporting America and Israel in a stormy attack on Iran, they will defeat their neighbor to the north, but now they are stuck in the mud they created. According to the Fars news agency, the attacks in Yemen turned Saudi Arabia from a safe destination to a place where capital flees. The result is that all the ambitions of Mohammed bin Salman, the heir to the Saudi throne, have melted into thin air. However, in 2016, Mohammed bin Salman unveiled a plan called "Dream 2030". The purpose of this plan was to make Saudi Arabia not only dependent on oil and to diversify its economy by attracting foreign investment, holding international events, developing tourism and building modern cities. But since the Yemenis began retaliating in response to the Saudi coalition attacks targeting Saudi oil facilities and airports, everything went wrong. The latest case is the English "Informa" company, which is one of the largest companies that organize exhibitions and trade events in Saudi Arabia. Reuters quoted the company as saying it expects its global revenue growth to drop from six percent to three percent as the Yemeni attacks disrupted the company's events in Saudi Arabia. Informa even predicted that its revenues from holding events in Saudi Arabia will remain zero until the end of 2026 and said that it may withdraw its investment plans in Saudi Arabia altogether. The American news agency Bloomberg also wrote in a report that the increase in Yemen's attacks on Saudi Arabia transferred economic concerns from the oil sector to non-oil sectors; Those sectors that are the mainstay of "Dream 2030" in simpler words, not only Saudi oil is in danger; Non-oil investments and projects are also at risk.

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کیهان آنلاین · · Source

🇸🇦 Saudi Arabia · Map

The escalation of the war of the brokers took over Capital outflow from Saudi Arabia and the United Arab Emirates destroyed the housing market in Dubai International companies, which considered Saudi Arabia as an investment paradise years ago, are now announcing one by one that they are leaving this country. In the last eight months, the housing market in Dubai has lost about half of its transaction value. According to Keyhan, in a situation where some of the countries of the Persian Gulf are under the illusion that by supporting America and Israel in a stormy attack on Iran, they will defeat their neighbor to the north, but now they are stuck in the mud they created. According to the Fars news agency, the attacks in Yemen turned Saudi Arabia from a safe destination to a place where capital flees. The result is that all the ambitions of Mohammed bin Salman, the heir to the Saudi throne, have melted into thin air. However, in 2016, Mohammed bin Salman unveiled a plan called "Dream 2030". The purpose of this plan was to make Saudi Arabia not only dependent on oil and to diversify its economy by attracting foreign investment, holding international events, developing tourism and building modern cities. But since the Yemenis began retaliating in response to the Saudi coalition attacks targeting Saudi oil facilities and airports, everything went wrong. The latest case is the English "Informa" company, which is one of the largest companies that organize exhibitions and trade events in Saudi Arabia. Reuters quoted the company as saying it expects its global revenue growth to drop from six percent to three percent as the Yemeni attacks disrupted the company's events in Saudi Arabia. Informa even predicted that its revenues from holding events in Saudi Arabia will remain zero until the end of 2026 and said that it may withdraw its investment plans in Saudi Arabia altogether. The American news agency Bloomberg also wrote in a report that the increase in Yemen's attacks on Saudi Arabia transferred economic concerns from the oil sector to non-oil sectors; Those sectors that are the mainstay of "Dream 2030" in simpler words, not only Saudi oil is in danger; Non-oil investments and projects are also at risk.

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