Hussain Ali Al Numairy, Shaikha Rashid Al Essa, Aliya Saleh Alshamsi, Hamda Ibrahim Ahli, Shamma Ahmed Al Zarooni, Heather C. Webb
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The Impact of COVID-19 on Bank Consumers in the UAE
Pandemics generally affect businesses due to their nature. Business owners have little to no knowledge of when crises such as pandemics will occur or how severe they will be. Each pandemic is different in nature as its spreadability is different; therefore, the outcome of no two pandemics can be the same. This chapter discusses the historical impact previous pandemics had on businesses. Then it presents information about the COVID-19 pandemic and how the United Arab Emirates (UAE) government and businesses dealt with this particular pandemic. More specifically, the authors focus on Dubai's banking sector response.
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