MENA | Coronavirus tracker for the GCC – September update
Expo 2020 starts in the UAE on October 1 and will provide a significant boost to the economy. Although international visitors may be lower than initially hoped numbers should rise over the duration of the Expo if travel restrictions ease around the world. Last year, visitors were willing to come to Dubai when able to.
What you will learn:
- Although footfall is the most visible and easy to measure sign of success, other benefits that are harder to visualize will accrue over a number of years.
- For instance, infrastructure built for the Expo will continue to benefit the economy, especially if the site can be successfully regenerated. A successful Expo will
also help market Dubai as a place to live, work, and invest. - With new Covid-19 cases edging down and vaccination rates rising, Qatar will ease remaining public health restrictions on October 3 under the final phase of its plan, which should support domestic activity over the rest of the year.
Tags:
Related Services
Post
High debt costs suggest European office price correction
Our analysis suggests a 10% correction is needed on average for the major office markets in Europe to compensate for the higher cost of debt, with prime yields required to soften by 10bps-75bps to generate a low-risk interest coverage ratio at a reasonable LTV.
Find Out More
Post
Why an ageing population doesn’t mean soaring inflation
What’s the future for inflation? Joachim Nagel, the new president of Germany's central bank, believes the rapidly ageing global population will play a key role – ramping up pressure on prices in the medium term. While we agree slowing labour supply will stifle output growth, in his recent discussion Nagel failed to fully consider the demand side of the argument.
Find Out More