Economic diversification in the Gulf: Time to redouble efforts
The issue of economic diversification has gained a renewed sense of urgency in Gulf Arab countries. A global economic slowdown induced by the coronavirus pandemic pushed Brent crude prices down from $64 per barrel at the start of 2020 to a low of $23 in April 2020 (see Figure 1).1 Oil prices are expected to … Continue reading Economic diversification in the Gulf: Time to redouble efforts
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