ECONOMY
Economy

Coronavirus: G20 finance ministers agree on delivering joint action plan

Tuesday, 31 March 2020

G20 finance ministers and central bank governors agreed to deliver on a joint G20 action plan in ......

Coronavirus: Emaar halts construction of 77-storey tower in Dubai

Tuesday, 31 March 2020

Dubai’s largest listed developer Emaar Properties has suspended construction of a 77-storey ......

Coronavirus: Turkey traders worry about keeping their households afloat

Tuesday, 31 March 2020

The Turkish economy was healing after a recession when the new coronavirus struck, leaving Ankara ......

Coronavirus: IMF to protect $1 trillion lending ability with bilateral framework

Tuesday, 31 March 2020

The International Monetary Fund said on Tuesday its board approved a new, three-year framework for ......

Coronavirus: US Fed will allow debt to cash swaps for foreign central banks

Tuesday, 31 March 2020

The Federal Reserve announced a new facility Tuesday that will allow foreign central banks to ......

Moody’s places Oman, Kuwait under review for downgrade as oil prices tumble

Tuesday, 31 March 2020

Credit ratings agency Moody’s Investors Service placed Oman and Kuwait on review for a downgrade of ......

Flights, jobs, pollution, tourism, orange juice: Coronavirus in 5 charts

Tuesday, 31 March 2020

The deadly coronavirus pandemic has had a drastic effect on everyday life across the world as ......

G20 trade ministers pledge to focus on free, fair trade in coronavirus response

Tuesday, 31 March 2020

Trade ministers from the Group of 20 major economies agreed on Monday to keep their markets open and ......

Expo 2020 Dubai committee recommends one-year delay for world fair

Tuesday, 31 March 2020

Expo 2020 Dubai's steering committee has agreed to study postponing the world fair by a year ......

Lebanon banks halt dollar withdrawals after coronavirus closes airport

Monday, 30 March 2020

Banks in cash-strapped Lebanon have suspended dollar withdrawals until the airport reopens, a ......

Saudi official assures availability of local, imported strategic food supplies

Monday, 30 March 2020

There are no concerns about a shortage of local or imported strategic food supplies in Saudi Arabia, ......

Coronavirus: UAE allows employers to lower salaries if employees agree

Monday, 30 March 2020

The United Arab Emirates is allowing private companies to change contracts with employees, as the ......

German recession inevitable due to coronavirus: Economic advisers

Monday, 30 March 2020

The coronavirus outbreak has made a recession in Europe’s largest economy inevitable in the first ......

Economy ministry: UAE increases onion imports amid coronavirus price hike

Monday, 30 March 2020

The UAE has increased its imports of onions after noticing an increase in prices as shoppers stock ......

Coronavirus: Saudi banks to support business to avoid job cuts says central bank

Monday, 30 March 2020

Saudi Arabia’s central bank is ordering lenders to provide concessional loans to businesses ......

Top