![Banks in the GCC stand to gain from higher energy prices and a rise in interest rates. Silvia Razgova / The National](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/D66N2T4FQVUUSKS5XCT7U3HOOQ.jpg?smart=true&auth=4697daed5886a65662ae672f78b7bc99cd0a048eeaef6152fbb4cc6b2baff275&width=400&height=225)
Banks in the GCC stand to gain from higher energy prices and a rise in interest rates. Silvia Razgova / The National
Banks in the GCC stand to gain from higher energy prices and a rise in interest rates. Silvia Razgova / The National
Russia-Ukraine conflict: How have UAE and Saudi banks been affected?
Although lenders will remain relatively insulated from the fallout, they will face some indirect effects