Coronavirus impact to drag down GCC growth to 0.6% in 2020

Dubai: Oil exporting countries in the Middle East and North Africa (Mena), especially the GCC countries are expected to experience a drastic slowdown in economic growth due to the impact of coronavirus outbreak (COVID-19) and a plunge in oil prices and global oil demand, according Institute of International Finance (IIF). “Quarantines, disruption in supply chains, […]