ECONOMY
Economy

Too early to tell if coronavirus damage to global transport is permanent, experts say

Wednesday, 03 June 2020

The coronavirus pandemic has dramatically curtailed all forms of transport as consumers are told to ......

Coronavirus recovery: Saudi Arabia, UAE, Egypt business conditions decline slows

Wednesday, 03 June 2020

Business conditions in Saudi Arabia, the UAE, and Egypt declined in May at a slower pace than in ......

Abu Dhabi’s Jubail Island awards $54 million contract for mega project development

Wednesday, 03 June 2020

Abu Dhabi’s Jubail Island mega project, a freehold investment zone that will combine residential ......

Sharjah initiates $1.09 bln fiscal support to mitigate economic impact of coronavirus

Wednesday, 03 June 2020

In a move that aims to provide additional financial assistance to businesses impacted by the ......

Coronavirus: Branson might sell more Virgin Galactic shares to support Virgin Group

Tuesday, 02 June 2020

Richard Branson is considering selling another chunk of his stake in Virgin Galactic Holdings Inc., ......

India plans to offer $6.6 billion in incentives to attract smartphone makers

Tuesday, 02 June 2020

India is offering financial incentives and plug-and-play facilities with an outlay of about 500 ......

Qatar Airways chief tells Airbus, Boeing to allow new aircraft delivery delays

Tuesday, 02 June 2020

Qatar Airways Chief Executive Akbar al-Baker on Tuesday warned Airbus and Boeing against resisting ......

Russia’s coronavirus economic stimulus to cost $72.7 billion, PM says

Tuesday, 02 June 2020

Russia has earmarked 5 trillion roubles ($73 billion) to jump-start its economy through end-2021, ......

Syrian stock exchange suspends trading Rami Makhlouf shares

Tuesday, 02 June 2020

Syria’s stock market on Tuesday suspended trading for the largest cellular company in the country, ......

Germany’s Merkel seeks second stimulus worth up to $112 billion

Tuesday, 02 June 2020

German Chancellor Angela Merkel will seek to broker a compromise Tuesday on a second stimulus ......

Coronavirus: Saudi Arabia remittances increase in Q1 despite outbreak

Tuesday, 02 June 2020

Remittances sent from Saudi Arabia increased in the first quarter of this year compared to last year ......

World’s biggest jewelry firm Pandora goes green, starts using recycled gold, silver

Tuesday, 02 June 2020

Pandora A/S, which makes more pieces of jewelry than any other company in the world, will stop ......

Dubai’s Bayut, Dubizzle owners, EMPG, OLX to merge, forming $1 bln unicorn start up

Tuesday, 02 June 2020

Dubai-based Emerging Markets Property Group (EMPG), owner of property portal Bayut, and OLX Group, ......

India aviation regulator tells airlines to keep middle seat vacant as far as possible

Monday, 01 June 2020

Airlines in India will need to keep the middle seat empty if passenger load factors and seat ......

Coronavirus: Palestinian economy could shrink by 11 pct, warns World Bank

Monday, 01 June 2020

The Palestinian economy could shrink by as much as 11 percent in the coming year as the coronavirus ......

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