The Standard & Poor's Global Credit Ratings Agency has warned of the repercussions of the spread of Corona Virus in the Arab Gulf region.


According to Reuters, Standard & Poor's said in a research note that Dubai's hospitality sector is most at risk in the Gulf region due to travel restrictions linked to an outbreak of the Corona virus.


She said travel restrictions could harm Saudi Arabia, the Emirates, Bahrain, Qatar, Oman and Kuwait.


It added that Dubai, which welcomed about a million Chinese visitors last year, could become the most affected.