Tag: GCC Economy
Oman struggling to manage its Sovereign Wealth Fund
As Oman stares at a probability of a high budget deficit for 2020, its State General Reserve Fund (SGRF) assets have fallen by about...
MUFG: GCC Countries heading towards recession
Japan's Mitsubishi UFJ Financial Group Inc (MUFG) expects Gulf Cooperation Council (GCC) countries to be in deep recession this year with overall real GDP...
Gulf countries might turn towards Asset Sales to meet growing debt...
Analysts at Citigroup Inc suggest Gulf governments might move towards asset sales to honor at least $50 billion of debt spree to support economies...
COVID-19 will change GCC Labor Market forever
Alarm bells have already started ringing for the local labor markets as novel coronavirus disperses and falling oil revenues begin to alter the Gulf...
