Gulf countries have raised nearly $10 billion in loans due to the war — FT

Gulf countries have stepped up their efforts to secure private loans to support economies affected by the war in the Middle East.

This is reported by the Financial Times.

In particular, Abu Dhabi, Qatar, and Kuwait have raised nearly $10 billion through private bond placements since early April.

Abu Dhabi received $4.5 billion, Qatar — $3 billion, and Kuwait — $2 billion.

It is noted that these countries previously typically tapped public markets, but due to instability, investors may demand higher yields.

Despite the significant assets of sovereign wealth funds, countries in the region continue to actively borrow funds to finance economic diversification projects.

Gulf countries also reported that on April 9, they did not record any new airstrikes from Iran. This marks the first day without attacks since the war began in late February. The situation may indicate a temporary easing of tensions in the region.

Following the announcement of a ceasefire between the U.S. and Iran, only a few ships are passing through the Strait of Hormuz. Traffic remains limited and unstable. Against this backdrop, hundreds of oil tankers are awaiting permission to pass.

Iran has stated that Lebanon is part of the ceasefire agreements with the US, although Washington and Israel deny this. Amid new strikes on Beirut, Tehran is warning of the consequences of any violations. The situation surrounding the agreement remains tense and uncertain.