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Historic decline for Gulf states’ budgets

Gulf States' Budgets

Standard & Poor’s credit rating agency expected Gulf states‘ budgets deficit between 2020 and 2023 at $490 billion.

Business News Report


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


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


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...


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