Macro - Country Economic Forecasts - United Arab Emirates
Description
The escalation of geopolitical tensions following the joint strikes on Iran from the US and Israel on February 28 has triggered major disruption across the UAE. Cancellation of flights has stranded tourists and residents with official messages to "shelter in place", as authorities continue to protect the country from Iranian strikes. Our baseline assumption is that the conflict will last for 2 weeks and our colleagues at Alpine Macro have provided some in-depth analysis.
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