COVID-19 and Arab economies
Facing the Middle East's perfect – corona-induced – storm
The COVID-19 pandemic has triggered a public-health emergency and a steep reduction in oil prices, which represents a perfect storm for the Middle East, where everything from salaries to subsidies are dependent on oil revenues. By Bassem Awadallah and Adeel Malik
By
Bassem Awadallah & Adeel Malik