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Liquidity shortage rings alarm bells for Gulf sovereign funds

Gulf Sovereign Funds

Gulf sovereign funds may face a financial crisis due to the lack of liquidity, as public budgets are experiencing large deficits.

Business News Report

More videos: Historic Decline For Gulf States’ Budgets

Finance

Abu Dhabi index has hit a record high while most Gulf financial markets ended higher on Sunday after reopening after Eid break. Traders in...

Finance

The value of project investments in the Gulf hotel industry amounted to about $27 billion, according to Hotelier website specialized in hotels around the...

special

Standard & Poor’s has expected oil prices to reduce Gulf’s budgets deficit for the current year by the nearly the half. The agency expected...

News

At the time the world is trying to fight the Coronavirus pandemic, and amid the repeated economic shutdowns, labor rights violations have escalated in...