Is Dubai being impacted by the Coronavirus?

Short answer is yes. According to Reuters “Dubai braces for financial hit as coronavirus batters vital tourism” This is no surprise not only the Coronavirus but also the oil price dropping like a rock and there are prediction that it could go negative.

Based one of Reuters article indicated ““We expect difficult times to last for months, probably the whole of 2020,” a manager at one of Dubai’s most renowned hotels told Reuters on condition his establishment not be identified.”

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