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GCC faces possible setback with exodus of skilled professionals

The coronavirus pandemic coupled with the oil crisis is pushing foreign workers to exit the Gulf states, perhaps shaping future labor policies.

Since the coronavirus pandemic hit the Middle East, Gulf Cooperation Council (GCC) states have had to slash their budgets ruthlessly as oil prices fell drastically due to the lack of demand. As a result, masses of low-income migrant workers lost their jobs and returned to their countries, even though there was little chance of employment back home.  

Now, as the outflow of educated professionals also begins, their exodus carries risks for Middle Eastern economies, as many lucrative economic sectors could virtually collapse. Having few locals with the experience or education needed to replace skilled professionals, serious management issues may arise in the days ahead.

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