
“Sectors most vulnerable to this trade war include construction, real estate, and manufacturing. Many GCC nations are investing heavily in infrastructure projects as part of their Vision 2030 initiatives. Rising material costs could hinder progress; Saudi Arabia’s ambitious NEOM project, for instance, may face delays or budget overruns due to increased raw material costs driven by US tariffs.” Will GCC get caught in a global trade war crossfire? [Khaleej Times]