Saudi-UAE Trade Thrives Despite Yemen Tensions, Rivalry
World
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Moneycontrol•07-01-2026, 23:35
Saudi-UAE Trade Thrives Despite Yemen Tensions, Rivalry
- •Saudi Arabia and UAE's $30 billion trade ties remain resilient despite political tensions in Yemen and economic rivalry.
- •Deep economic interdependence makes a trade boycott, unlike Qatar's 2017 blockade, highly unlikely due to high stakes.
- •Bilateral trade surged 42% since 2020; UAE is Saudi's 5th largest export destination and 3rd largest import source.
- •Commerce spans refined petroleum, gold, jewellery, and re-exported electronics, heavily utilizing Dubai's Jebel Ali port.
- •Significant investments: Emirati investments in Saudi exceed $9.2 billion, Saudi in UAE over $4.3 billion.
Why It Matters: Deep economic ties and high stakes ensure Saudi-UAE trade resilience despite political friction and rivalry.
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