The Gulf states may review their investment in the United States, during the US-Israeli war against Iran.
According to a report by the Financial Times, three major economies are weighing withdrawal of investment from the United States, while discussions continue over pressure on Gulf economies arising from the wartime situation.
Last year, President Donald Trump visited Saudi Arabia, the United Arab Emirates and Qatar, where pledges were made for investment worth hundreds of billions of dollars in the United States.
The report said a possible reduction in investment could increase economic pressure on President Trump’s administration, as Gulf investment has long played an important role in the United States economy and major development projects.
Experts said the sovereign wealth funds of the Gulf states, holding assets worth hundreds of billions of dollars, wield influence in global financial markets; therefore any major investment decision could also affect the global economy.
