CATEGORY: Focus Reports
Although the Americas was one of the last regions to be affected by the Covid-19 pandemic, strict government lockdowns forced companies to adapt to new ways of working in a matter of days at very short notice.
Saudi Arabia’s investment in health care infrastructure in recent years has enabled the kingdom to navigate the early health care challenges associated with Covid-19 while its ample financial buffers and strong sovereign credit rating have allowed it to plug temporary revenue shortfalls resulting from the economic slowdown and collapse in global energy demand.
As the only country in the MENA region forecast to grow in 2020, the underlying demand driving the construction sector is set to continue thanks to the country's strong demographic fundamentals and positive macroeconomic outlook.