Bank transfers between Saudi Arabia and the UAE have experienced unusual delays across multiple sectors; the cause is unclear. Reported issues include funds not being credited, being returned or frozen. Some companies are rerouting payments via third

2026-07-07

Bank transfers between Saudi Arabia and the UAE have experienced unusual delays across multiple sectors; the cause is unclear. Reported issues include funds not being credited, being returned or frozen. Some companies are rerouting payments via third jurisdictions. Competition between the two countries in areas including finance and AI has increased in recent years, prompting firms to balance ties. The Saudi central bank denied any country-specific restrictions and said it applies uniform risk controls. The UAE said it has received no related complaints and stressed deep bilateral trade links.