Member Update: Regional Developments and Business Outlook.

Date Posted:Tue, 31st Mar 2026

Member Update: Regional Developments and Business Outlook.

Thank you to Andrew McDougall, Global Head of Geopolitical Risk at Barclays for our member-only geopolitical update where he discussed the evolving regional situation and its potential implications for business with BCCD Chair Andrew Mortimer.

 

The key takeaway was that markets and policymakers are focused on managing escalations and limiting disruption to critical trade and energy routes. The Strait of Hormuz and Red Sea shipping lanes remain central to global energy flows, meaning developments will continue to be closely monitored by governments and investors alike. For businesses operating in the UAE and wider GCC, the immediate impact is likely to be felt through higher energy costs, supply chain disruption and increased market volatility. However, the region’s strong financial systems, government liquidity support and long-term economic diversification strategies provide important buffers. As a chamber, our priority remains supporting members with timely insights and facilitating informed discussion as the situation evolves. We will continue to share updates and expert perspectives in the coming weeks.