The Middle East

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While immediate results suggest the automotive industry is set for a considerable contraction this year, there are some indications that social distancing concerns could actually lead to a spike in future car sales. 

Covid-19, along with the related disruptions to the movement of goods and people, has compounded the challenges facing globalisation. With the breakdown of supply chains leading to concerns over the provision of key goods during the crisis, some emerging markets had moved towards regionalisation in an effort to share risks.

With the coronavirus pandemic causing the closure of national borders and the suspension of international travel, governments in emerging markets have begun to explore whether domestic tourism can kick-start their economies.

In what ways can the ease of doing business be improved, particularly for manufacturing companies?

Banks in the GCC are turning to consolidation and financial technology (fintech) to help overcome the economic fallout from Covid-19 and the drop in global oil prices.

In emerging markets, limited ICT infrastructure can compound the challenges of remote working amid coronavirus-related social distancing and lockdown measures. Nevertheless, broadly successful outcomes may lead businesses to consider expanding or formalising work from home arrangements once the effects of the pandemic have subsided.

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