Saudi & Dubai Continue Their Rapid Economic Declines

It's real action time in Saudi.

3...2...1...

Several shops ‘shutting down’ in Saudi as nationalisation deadline looms

Meanwhile, in Dubai.

Massive bad news for Dubai all in 1 article, as we have projected since 2015.

But the author missed the Yemen war, ISIS all around the region, massive currency depreciation for every nation  in the region and beyond, and things like interference by UAE in the Turkish coup and the insult of all Pakistanis, weekly shut down of hotels and restaurants, non delivery of major projects like Dubai Pearl, Universe, World, Palm Jebel Ali and many more and exits of mega corporations, default by absconding Schon Properties etc.

Still it’s worth a read to see how bad it is and how worse it is going to get ahead.

Dubai also has the worst performing stock market in the world which has dropped from 5,000 plus in 2015 to 2,800 today while all stock markets around the world keep hitting new highs every month.

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