Market analysis: Gulf countries rarely close their airspace simultaneously, and the vision of a financial center encounters a realistic impact

Market analyst Dana Khraiche said it was unprecedented for the United Arab Emirates, Bahrain, Qatar and Kuwait to close their airspace at the same time, even temporarily. The Gulf region is trying to transform itself into a financial center, most importantly attracting foreign capital and manpower. Many residents of the Gulf region had fears before the attack, and as news of the attack continued to spread, those fears became a reality. Video posted online showed missiles being intercepted over tall buildings and brightly lit buildings in Doha, a very rare sight. They are longtime allies of the United States and have been working to improve relations with Iran to avoid such a scene, but they will always be sandwiched between the United States and Iran. Perhaps allowing Iran to retaliate in Qatar is just one way for the Gulf to absorb a potentially more dangerous response.