FILE - In this March 5, 2020, file, photo, a worker pulls a cart of coronavirus aid items being prepared for shipment, at a World Health Organization, WHO, facility, part of the International Humanitarian City, in Dubai, United Arab Emirates. The United Arab Emirates will shut down its schools for four weeks as the coronavirus threatens global oil prices, airlines and Dubai’s upcoming Expo 2020 world’s fair. (AP Photo/Kamran Jebreili, File)
March 11, 2020
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Saudi, UAE economies rocked by plunging oil prices and virus
DUBAI, United Arab Emirates (AP) — It's been a turbulent week for Saudi Arabia and the United Arab Emirates, and it's only Wednesday. Already pained by years of economic slowdown and unpopular austerity measures, Gulf Arab states now face the most challenging headwind to their stability: crashing oil prices.