TAG: The Middle East
After emerging as one of the GCC's most vibrant and diversified economies in the 1990s and early 2000s thanks in large part to a dynamic financial services sector, Bahrain faced headwinds in the form of the 2008 financial crisis and the Arab Spring, before contending with the coronavirus pandemic.
The GCC chemicals and petrochemicals industry demonstrated considerable resilience in the face of Covid-19 and oil price fluctuations.
Food production in the GCC has long faced obstacles ranging from water scarcity to a lack of arable soil – factors that are being exacerbated by climate change.