MIDDLE EAST: Arab Gulf states adjusting to post-Covid-19 world

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Arab Gulf states have been hit by the combination of low global oil prices and lockdowns.The resulting crisis has prompted calls to rethink the centrality of large expatriate worker populations for economies. The Arab Gulf states were hit doubly by the Covid-19 crisis. Severe lockdowns – often enforced by police – kept most people indoors for weeks, and the plunge in global oil demand tanked prices. Two decades of historically high oil prices gave governments buffers to work from, but the long-term picture in the region looks significantly darker than it was at the beginning of the yea
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