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Главная Блог HSBC Confirms Confidence in GCC Amid Middle East Tensions

HSBC Confirms Confidence in GCC Amid Middle East Tensions

09.03.2026
60 мин
80
09.03.2026 16:30
HSBC reaffirms confidence in GCC as Iran-US conflict rattles markets

## HSBC's Commitment to the Gulf

HSBC has reiterated its confidence in the Gulf Cooperation Council (GCC) economies despite the ongoing conflict in the Middle East. The bank's CEO, Georges Elhedery, emphasized the region's strong economic fundamentals and resilience, noting that HSBC's long-standing commitment to the area remains unchanged.

## Impact of Middle East Conflict

The conflict between Iran and the US, which has involved military actions and retaliatory strikes, has led to significant market volatility. The situation has resulted in casualties and affected financial markets, with oil and gas prices experiencing sharp increases. This has also led to a decline in global equities as investors assess the economic impact.

## HSBC's Strategic Focus

HSBC has been expanding its operations in the Middle East, viewing the region as a key part of its long-term strategy. The bank has been active in the GCC for over a century, with significant operations in the UAE and Saudi Arabia. Recent investments include the opening of a wealth center in the UAE, reflecting the growing demand for international banking services in the Gulf.

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