BUSINESSMIDDLE EAST EYE
Opinion: How Israel's dream of being the Middle East's trade hub is unravelling
Israel's ambition to become the Middle East's trade hub is failing as Gulf states and allies develop alternative routes. Saudi Arabia and Turkey are reviving the Hejaz railway to bypass Israel, while the UAE explores a trade corridor through Syria and Iraq. DP World is building ports in Fujairah to avoid the Strait of Hormuz.
Mentioned
Related Signal
Adjacent reporting
- How Israel's dream of being the Middle East's trade hub is unravelling
- Turkish-Saudi trade corridor raises concerns in Israel, local media reports
- Turkey, Saudi Arabia agree on major regional railway line bypassing Israel
- Common foe, fast friends: Why Israel-UAE ties are warming
- Israel’s Iran stance changes MidEast calculus
- New alliances emerge in Middle East — which one will 'win'?