Monthly Archives: March 2020
Dubai Holding, Meraas Unveil $272m Relief Package
Dubai Holding, a global investment holding company, and Meraas, Dubai’s premier developer and operator of lifestyle destinations, have announced the launch of an economic...
UAE Central Bank to Cut Interest Rates by 75 Basis Points
The Central Bank of the UAE announced on Monday that it will cut interest rates, beginning 16th March, following US Federal Reserve cuts to...
Coronavirus-triggered Recession Will Change How We Live, Do Business and Invest
The recovery from a coronavirus-triggered recession will usher in a new era in which how we live, do business and invest will fundamentally change,...
How Brands Can Survive COVID-19 Crisis
The good news about working remotely is that you can still do so while self-isolated after a skiing trip in the Italian Dolomites. However,...
Middle East’s Hotel Construction Pipeline Counts Essentially Even Year-Over
Analysts at Lodging Econometrics (LE) state in the 2019 year-end report that the hotel construction pipeline in the Middle East stands at 618 projects/178,384...
Coronavirus Impact: Hospitality Industry To Suffer The Most
As no one wants to get sick, people stop going out and spending money. But there is other people who make a living of...
Dubai CPI Down By 1.20 In February 2020: DSC
The annual Consumer Price Index, CPI, rate in the Emirate of Dubai dropped by 1.20 percent in February 2020 compared to the same period...
Social Distancing – The Key To Slowing Coronavirus
Canceling events. Closing schools. Avoiding crowds. Staying home. All of these actions have one goal in common, and it can help prevent the spread...
Abu Dhabi, Dubai Financial Markets Ban Insider Trading
Abu Dhabi and Dubai Financial Markets announced the prohibition period for insider trading at public shareholding companies listed in the UAE capital markets, which...
UAE Central Bank Announces $27.2 Billion Economic Support Scheme
The Central Bank of the UAE, CBUAE, has launched an AED100 billion comprehensive targeted economic support scheme for retail and corporate customers affected by...
Coronavirus & Economic Crisis: 3 Possible Paths Forward
Volatility looks like a mainstay for the coming months. Analysts at the private investment bank JPMorgan Chase & Co. outline three paths forward from...
Secret To Successful Business: Build Customer Centric Strategy
The most successful businesses are those that can make a strong connection with their customers. Successful brands have a knack for knowing what their...
Dubai Launches $400 Million Economic Stimulus Package for Next 3 Months
Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Crown Prince of Dubai...
Luxury Homes in Dubai Are Easy Buy for Bitcoin Millionaires
Here is an exclusive residential project on the beachfront of Dubai that is a perfect investment opportunity for the lucky ones who profited from...
UBS Investors Note: How To Respond To COVID-19 + Oil Crash
Markets sold off and the S&P 500 halted trading for 15 minutes after a 7% fall. Here's what investors should do.
What's happened?
Risk assets slumped...
The Impact of Corona on GCC and The Global Economy
The GCC economy depends heavily on revenues from the sale of oil and its derivatives on the world market. Complicating the situation, the GCC...
World Economic Forum Convenes Global Business for COVID Action Platform
The World Economic Forum on Wednesday announced the creation of the COVID Action Platform
The global platform, the first of its kind, aims...
Free Round-the-clock COVID-19 Consultations via Video, Voice Calls
All Dubai residents can now contact Dubai Health Authority, DHA, doctors via video and voice calls, for free 24/7 consultation and queries regarding COVID-19.
The...