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MEED | Ten moments that defined a year of Covid

The impact of Covid-19 in the Middle East
Since the UAE confirmed the first cases of the Wuhan coronavirus in the region on 29 January 2020, more than 4.8 million people have been reported as having Covid-19 in the Middle East and North Africa. And some 116,262 people have died with the disease, according to Worldometers.
The economic impact has been catastrophic. Oil prices fell more than 50 per cent in March 2020, and the IMF projects that real GDP growth in the Mena region in 2020 was negative 5 per cent.
While stimulus spending and monetary easing provided the liquidity needed to keep economies moving and companies solvent through the lockdowns, fiscal deficits in the GCC have risen to 9.2 per cent of GDP in 2020 from 1.9 per cent in 2019. At the same time, sovereign debt in the region has risen to an average of about 29 per cent. ....

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6 amazing things to do in Abu Dhabi this week: December 20 to 23

Twas the week before Christmas…
If you’re counting down the days to Christmas, filling your evenings with fun things to do will definitely make the time pass by a lot quicker.
Whether you’re on the lookout for something festive to do or need a break from the twinkly lights, you’ll surely find something cool to do this week in our list below.
Here are six amazing things to do in Abu Dhabi to help you get to Christmas faster.
Sunday, December 20
Scope out a cool exhibition
Don those high-tops and leather jackets and head to Manarat Al Saadiyat. A cool photography exhibition titled ‘Contact High: A Visual History of Hip-Hop’ is taking place in partnership with cultural and lifestyle platform Sole displaying four decades of photographs, albums, magazine covers and memorabilia that document Hip-Hop culture. ....

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