DUBAI ¨C Companies in the Gulf, some of the most directly affected by the 51³Ô¹ÏÍø, will provide one of the clearest insights so far of its regional financial impact when they begin reporting their second-quarter earnings this week.
In countries from Saudi Arabia and Oman to the United Arab Emirates and Qatar, company results are likely to be mixed.
Banks and real estate are most exposed given preexisting challenges that have been exacerbated by the war¡¯s impact on inflation on interest rates, while telecoms were sheltered by long-term contracts and relatively inflexible demand, analysts said.
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