Global Consumer Confidence for the Gulf Region Q4 2020 | The Conference Board
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Global Consumer Confidence for the Gulf Region Q4 2020


January 2021 | Publication

The Gulf region appears to be avoiding a second wave of COVID-19 cases. The governments’ vigilance in restricting mobility and closing international borders at the onset of the pandemic have shielded the region from the worst impacts of COVID-19 so far, though a resurgence of the virus regionally following the lifting of all travel bans could affect the region in Q1 2021. The UAE does appear to be going through a second wave, logging record daily cases as of January 2021. This might prompt
renewed lockdowns and eventually a deterioration in job and personal finances outlook for the UAE in Q1 2021.


AUTHOR

Itani, Hiba 120x1201.jpg

Hiba Itani

Senior Economist
The Conference Board Gulf Center for Economics and Business Research


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