Dubai, UAE— The economies of the Gulf Cooperation Council will likely receive a boost from the FIFA 2022 World Cup, as more than 1.2 million fans are expected to attend the event. According to a survey conducted by S&P Ratings, the influx of football fans from around the world will...
S&P forecast: GCC funding needs will fall to 5 percent of GDP in 2021
60 percent of the deficit relates to the region's largest economy, Saudi Arabia S&P predicts central government deficits will reach about $355 billion cumulatively between 2021 and 2024 Budget deficits of the six-nation Gulf Cooperation Council (GCC) bloc are set to fall sharply to about $80 billion in 2021...
