Dr. Nasser Saidi’s comments appeared an article titled “UAE seen as GCC nation best able to weather oil crash, coronavirus” that appeared in S&P Global Platts on 26th Mar 2020.
Comments from the article are posted below. The full article can be accessed here.
With all GCC countries set to post fiscal deficits, they may have few options in plugging the shortfall.
“Given the ongoing financial crisis, the debt overhang of around $500bn in the GCC will make it increasingly difficult for sovereigns and corporates to finance their deficits through borrowing as access to banking and financial markets will become more difficult and expensive,” Nasser Saidi, president of Dubai-based consultancy Nasser Saidi & Associates, said.
Comments on GCC's Covid-19 stimulus measures & oil prices in S&P Global Platts, 26 Mar 2020
28 March, 2020
read < 1 minute
Read Next
TV and radio
Interview with Al Arabiya (Arabic) on Fed interest rates, 20 Mar 2024
In this interview with Al Arabiya aired on 20th March 2024, Dr. Nasser Saidi discusses
21 March, 2024
media page
Comments on the GCC diversification strategies in Arab News, 9 Mar 2024
Dr. Nasser Saidi’s comments appeared in an Arab News article titled “Diversification strategies paying off
10 March, 2024
TV and radio
Interview with Al Arabiya (Arabic) on Egypt’s interest rate hike, currency floatation & IMF deal, 7 Mar 2024
In this interview with Al Arabiya aired on 7th March 2024, Dr. Nasser Saidi discusses
8 March, 2024