This week's green shoots: How is MENA managing divergent recoveries?

We invite you to read as we look beyond the pandemic with the updated issue of “MENA Post-COVID: Green Shoots & Recovery”. Green shoots of hope to watch out for this week include:

The continued strides in the Saudisation program, as Saudi Arabia aims to create jobs for its citizens in emerging sectors.

Qatar’s plans to attract overseas fund, with the cabinet approving a draft law allowing foreign investors to own companies in the country.

The UAE’s digital shift, with plans to launch the country’s first full-scale digital bank materialising.

As we did in the midst of the pandemic, we continue to give you the latest information on the rounds of economic relief packages, austerity measures and state-backed benefits that MENA governments are enacting and the effect of these response measures on economic recovery. We highlight regional green shoots by providing updates in a threefold manner looking at: Fiscal Policy, Labour Market and Market Readiness.

We also provide weekly updates on vaccine development. While the high level of uncertainty regarding the length of the pandemic and ongoing volatility in global oil markets continue to present a bleak economic outlook across the world, with the ongoing vaccine rollout, it looks like the tide is finally turning. 

Please feel free to request a copy of Arabia Monitor's updated MENA Post-COVID Report via the link here, and don't hesitate to reach out and discuss, as always.

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