{"id":327675,"date":"2026-03-13T12:20:33","date_gmt":"2026-03-13T12:20:33","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/327675\/"},"modified":"2026-03-13T12:20:33","modified_gmt":"2026-03-13T12:20:33","slug":"global-companies-express-confidence-in-gulf-markets-despite-war-disruption","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/327675\/","title":{"rendered":"Global companies express confidence in Gulf markets despite war disruption"},"content":{"rendered":"<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-0-G4Q6EVPYTRG65KN2OYRRUZMY6Y\">International companies, including Bloomberg and Deloitte, have stated their commitment to Gulf markets amid the <a href=\"https:\/\/www.thenationalnews.com\/news\/mena\/2026\/03\/12\/live-iran-war-us-israel-uae-missile-attacks\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/news\/mena\/2026\/03\/12\/live-iran-war-us-israel-uae-missile-attacks\/\">regional war<\/a>. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-1-JVL7MPCG6ZCUFBYTKF4Q4MD6KI\">Market uncertainty, especially when it comes to geopolitics, is set to continue and \u201cit&#8217;s impossible to predict how the war in the Middle East will unfold\u201d, Michael Bloomberg said at a French finance event on Thursday. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-3-6WVABSMQORBF3HQCOKS27MGUMA\">\u201cBut one thing is certain: the Gulf states will continue to be vital partners in the future of finance, and our company, Bloomberg, like many others, remains fully committed to the region and to helping our customers during this difficult period,\u201d the company&#8217;s co-founder said. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-5-CZTOOPRTYFAPJBKKD2OL4A4KAA\">US-based Bloomberg has a significant presence in the Middle East, with hubs in the UAE and Saudi Arabia. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-6-QSZBF4KGP5CGFDJF7NGM2CMFMQ\">The UAE has been increasingly attracting global lenders, as well as asset managers who are either setting up a base in the country, or investing to boost their presence.<\/p>\n<p>Play<img decoding=\"async\" type=\"image\" data-chromatic=\"ignore\" alt=\"\" loading=\"lazy\" fetchpriority=\"auto\" src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/03\/https:\/\/cdn.jwplayer.com\/v2\/media\/NEpDSLLC\/poster.jpg\" width=\"279\" height=\"496\"\/><\/p>\n<p>&#8216;UAE is strong&#8217;: Sheikh Hamdan&#8217;s message to business leaders<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-9-NMU2RPAHPNH2PBJJGA43VYWVZQ\"><a href=\"https:\/\/www.thenationalnews.com\/business\/economy\/2025\/02\/18\/difc-dubai-jobs-companies\/\" target=\"_blank\" rel=\"nofollow noopener\" title=\"https:\/\/www.thenationalnews.com\/business\/economy\/2025\/02\/18\/difc-dubai-jobs-companies\/\">The Dubai International Financial Centre<\/a> added a record 1,924 companies in 2025, a 28 per cent annual increase. Meanwhile, Abu Dhabi&#8217;s financial hub, ADGM, has also seen robust growth, with assets under management rising 48 per cent year-on-year in the third quarter of 2025. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-10-FZENVRUUZBH2REJHYNS5MKOITI\">This week, HSBC&#8217;s group chief executive Georges Elhedery also expressed confidence about the Gulf states as Iran continues to attack them in retaliation for strikes by the US and Israel. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-11-D2VBEJYS6BHZZEZY25DYTXHBTI\">\u201cHSBC remains steadfast in our confidence in the GCC and in the long-term strength, resilience and promise of the region,\u201d Mr Elhedery said. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-12-MCIIW5W3FNB5NJGIFFBEKQH6PQ\">\u201cOur conviction in the GCC\u2019s fundamentals and its future is unchanged. The region has repeatedly shown its ability to endure periods of disruption, adapt with determination, and emerge stronger,\u201d he added. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-13-YT2W6AOVW5FMBAWSNYFHGJ6PEQ\">The lender, which has been in the region for 130 years, will \u201cremain invested in its future and in the opportunities that lie ahead for its people, businesses, and economies\u201d, Mr Elhedery said. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-14-I7YXTBRBONDAZPTDCFDG6F73C4\">On Thursday, UK consulting major Deloitte confirmed that it was fully operational in the Middle East. <\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-15-YYNPKAD7JVAU7DFBD4X576N76E\">\u201cWe are grateful for the decisive and steadfast leadership across the countries in which we operate,\u201d it said in a statement. \u201cThe clear directives and protective measures put in place have allowed organisations like ours to continue serving our people and clients with confidence and continuity.\u201d<\/p>\n<p class=\"defaultstyled__StyledText-sc-11u52t4-1 huqwQJ margin-lg-bottom\" id=\"el-16-PALGTNLGRBDXHH4Y7X5DGHX36I\">Deloitte, which has had a presence in the region for the past 100 years, said it \u201cremains deeply invested in supporting the growth and advancement of the region\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"International companies, including Bloomberg and Deloitte, have stated their commitment to Gulf markets amid the regional war. Market&hellip;\n","protected":false},"author":2,"featured_media":327676,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,11721,219,28939,111,139,69,1177,427,4719],"class_list":["post-327675","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-business-team","tag-economy","tag-gcc","tag-new-zealand","tag-newzealand","tag-nz","tag-standard","tag-story","tag-uae"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/327675","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=327675"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/327675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/327676"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=327675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=327675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=327675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}