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Gulf capital, Balkan gateway: How the Middle East became Serbia’s quiet power engine and what 2026 could bring

Serbia’s deepening economic relationship with the Middle East is not built on rhetoric, ideology or romanticised historic memory. It is built on the most pragmatic cornerstone possible: capital where it is needed, speed where it matters, and political alignment when global conditions become unpredictable. In 2025, the Middle East—particularly the United Arab Emirates, Saudi Arabia and Egypt—has become one of the most consequential external pillars of Serbia’s development strategy. What once looked like an experiment has evolved into a structural…

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