The economic fallout of the Covid-19 pandemic has led to the establishment of a number of debt-relief and financing options for cash-strapped countries. But just how many emerging markets have benefitted from these initiatives?
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With schools, businesses and borders re-opening across much of the region, several GCC countries are beginning to resume pre-pandemic levels of activity. Does this mark the start of a return to business as usual?
Economic update | Report: To what extent has the Covid-19 pandemic accelerated economic diversification in Oman?
30 Jul 2021
Oman was already working to diversify its economy, but the pandemic-induced disruption to oil and gas has further underscored the importance of developing a broader economic base to absorb the impacts of international crises and downturns in commodity cycles.
Economic update | Can the G7’s Build Back Better World compete with China’s Belt and Road Initiative?
28 Jul 2021
Following the expansion of Chinese-led projects in many emerging markets over the past decade, the G7 has unveiled its own initiative to support global infrastructure development, dubbed Build Back Better World (B3W).
A record initial public offering from Indonesian e-commerce platform Bukalapak underscores the growth of South-east Asia’s digital economy during Covid-19, and has the potential to trigger further tech listings in the region’s maturing market.
Dubai’s diversified and digitalised economy was able to absorb the impact of the Covid-19 pandemic relatively well. The emirate enjoys some of the fastest internet speeds and most advanced broadband infrastructure in the world, which facilitated the rapid shift to online work, education and commerce.