COVID-19 vaccine will be catalyst to drive global economy in 2021

  • Date: 28-Dec-2020
  • Source: Gulf Today
  • Sector:Economy
  • Country:Middle East
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COVID-19 vaccine will be catalyst to drive global economy in 2021

Sachin Gupta



Inayat-ur-Rahman, Deputy Business Editor

The global economic growth will recover to a great extent next year and the investor trust and confidence will return to market due to quick progress on COVID-19 vaccine development.

This was stated by Sachin Gupta, General Manager of Gulf Pinnacle Investments (GPI), the UAE subsidiary of Gulf Pinnacle Logistics, during an exclusive interview with Gulf Today, adding that the global economy has been passing through a challenging environment in the wake of the COVID-19 pandemic.

“The UAE is among the first markets who staged an early recovery from the pandemic due to effective policy measures and economic stimulus announced by the government,” Gupta added.

Gulf Pinnacle Investments is a private limited company that was established in 2014 in Dubai. It operates in the investment services sector and has four subsidiaries.

“Like other companies and corporate groups, GPI also survived the pandemic shock due