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Annmarie Hordern: Delays reported in Saudi Arabia to United Arab Emirates bank transfers

Annmarie Hordern: Delays reported in Saudi Arabia to United Arab Emirates bank transfers
Delays in Saudi to UAE bank transfers

Annmarie Hordern reports that several firms and individuals have recently experienced unusual delays in completing bank transfers from Saudi Arabia to the United Arab Emirates.

These delays have raised concerns among businesses operating across the two largest Gulf economies.

Annmarie Hordern has tracked shifts in regional markets in recent reports. Earlier this year, she noted that Brent crude fell below $75 a barrel for the first time since the Iran war began. That move signaled notable changes in global oil markets.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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