Mideast Markets Diverge as Investors Place Premium on Resilience

The Iran war has changed how global investors view the Middle East, with geopolitical resilience now outweighing economic growth as a draw for funds.

That’s led equity and bond performance to diverge across the region throughout the conflict. Money managers are favoring countries less exposed to disruption from the blocked Strait of Hormuz, such as Oman, while markets in the United Arab Emirates and Saudi Arabia are lagging.