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Saudi Arabia’s Purchasing Managers’ Index

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Geopolitical Tensions, Coronavirus Weaken Gulf’s Non-Oil Private Companies
February 5th, 2020 - 10:47 GMT

Geopolitical Tensions, Coronavirus Weaken Gulf’s Non-Oil Private Companies

The hair-trigger tension between Tehran and Washington after the killing of top Iranian general Qassem Soleimani early January weighed on business activity in the region, a monthly survey of private companies showed. Furthermore, the downside risks to regional economic growth remain high with the coronavirus from China spreading globally and disrupting travel and trade as well as impactive on Chinese demand. Countries including the US, Australia, Singapore, and the Philippines ...
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