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Wed 6 May 2020 10:33 AM

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Video: Impact of Covid-19 on business in the GCC

Mobility is one thing that has been affected drastically because of the Covid-19 outbreak.

Recently Emirates and Etihad warned that 85% of carriers globally could face insolvency by the end of the year without government intervention. Etihad has suspended all online sales for flights before June 16.

A study done by Google showed the quarterly percentage change of each country based on a range of key indicators including parks, transit and grocery stores.

Across all metrics, the average reduction for the whole of the GCC during the first three months of 2020 was 34.1%.

Bahrain experienced the least mobility reduction in the region at -21.2% – followed by Kuwait (-36.3%), Oman (-37.8%), Saudi Arabia (-38.5%) and the UAE (-42.33%).

Residential mobility, as well as the grocery and pharmacy segment, were least impacted across the region, as expected.

The most substantial effects were recorded in the transit and retail segments, with average reductions of -60% and -53.2% respectively.

This was due to a series of protective measures like lockdowns or curfews by Oman, Saudi Arabia and the UAE, while all nations have suspended the majority of passenger flights to combat the spread.

Bahrain's response – which was praised by the World Health Organisation during the early stages of the outbreak – has involved keeping open shops and other essential facilities while increasing public testing capabilities.

(Souce: Arabian Business YouTube channel)