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Israel-Hamas war: UAE shows diplomatic sway with Gaza as tensions escalate

Business Standard LogoBusiness Standard5h ago

Israel-Hamas war: UAE shows diplomatic sway with Gaza as tensions escalate - Business Standard

Quick Summary:

The UAE’s investment in Egypt — which helped stave off an economic crisis — was seen by many as a signal of intent by Abu Dhabi that it’s serious about jockeying for influence with rival petroleum-rich Gulf powers including Saudi Arabia and Qatar.

That includes the setting up of a field hospital in the southern Gaza city of Rafah that’s treated close to 50,000 people, according to its staff, and a second makeshift medical facility on a ship anchored close by on the Mediterranean Sea.

The country is using those relationships, and its trillions of petrodollars, to play a leading role in diplomatic and aid efforts in the conflict and has indicated a willingness to help prepare for a postwar scenario — including by sending security forces into Gaza.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-04 @ 14:56:28 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 1192 words

Reading Time: 7 minutes read

Sentences: 38 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21913809

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 105 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

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News Language: English

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Publisher ID: #49

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