Expat exodus in Gulf states could continue into 2023: S&P report

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Expat exodus in Gulf states could continue into 2023: S&P report

S&P has published a report showing that the populations of the Gulf states declined by an average of 4% in 2020. The report said the principle causes were the pademic and persistently low oil prices, both of which prompted many expat workers to return to their home countries. In addition many countries have made efforts to "nationalise" their workforce, prioritising jobs for their own citizens and reducing their reliance on expar workers. The rapid depopulation through 2020 means popula...

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Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.