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06 May 2020  |  South Asia, Middle East & North Africa

Understanding the Impact of COVID-19 on the GCC Region

An Assessment of Growth Opportunities and Growth Pipelines in Light of the Pandemic

Like other economies, countries in the GCC have been rendered vulnerable by the COVID-19 pandemic. Wholesale and retail trade, transportation and storage, and finance and insurance, which accounted for nearly 50% of Dubai’s gross domestic product (GDP) in 2018, have all been affected. In the oil and gas industry, plunging jet fuel demand and high...

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