The conflict started during the holy month of Ramadan. If we take Abu Dhabi as a quick case study, the repercussions were serious. Hotel occupancy rates in Abu Dhabi during the end-of Ramadan celebrations in mid-March
fell by 45% compared with last year. Although the UAE fully lifted airspace restrictions in early May, some airlines still haven’t resumed flights. Germany’s carrier Lufthansa, for example, has suspended flights to Abu Dhabi until
late October. The Russian carrier Aeroflot will resume flights to the UAE
from June 1.
For decades the UAE has cultivated the image of stability and safety, and that image is now being tested.
The Omniki.Survey study revealed that 6 out of 10 people from Kuwait, Qatar, the UAE say the conflict
affects them. When asked about what area of their life was affected the most, more than half of those residing in the UAE pointed
to anxiety/stress/emotional tension, more than
40% expressed
concern over possible rise of cost of living while a third worried about possible
change of their employment situation.
Concerns about a worsening financial situation prevail in India (75.7%), Egypt (65.3%), Pakistan (63.8%), and Jordan (62.6%) and are widespread across all 13 countries.