Monthly Archives: May 2020
Staycations, Domestic Travel to Lead GCC Tourism Recovery from COVID-19
Local tourism and domestic travel are expected to lead the UAE and wider GCC’s recovery from COVID-19 as we begin to see the easing...
35% Decrease in Divorce Cases in Dubai Between 2016 to 2019
Conducted in partnership with Community Development Authority, Dubai Statistics Center and Dubai Courts, results provide accurate perspective on marriage and divorce rates in...
New Interactive Platform to Help Businesses Address Covid-19 Impact
The Ministry of Economy (MOE) has launched a dedicated platform to help the business environment address the effects of the COVID-19 virus, which is...
Reduced Demand For Global Oil Supply May Be Permanent
Robert Minter, Investment Strategist at Aberdeen Standard Investments, explains the impact of the pandemic on the O&G sector worldwide and offers some predictions for...
Development Valuations in Light of Covid-19
Stephen Flanagan, Knight Frank Middle East’s Head of Valuation & Advisory explores why development valuations even in stable market conditions, have a degree of...
Abu Dhabi, Dubai Discus Support Through State Fund Mubadala
The governments of Abu Dhabi and Dubai are discussing ways to prop up Dubai’s economy by linking up assets in the two emirates. Abu...
Emirates SkyCargo’s Global Network Grows to 75 Destinations
Emirates SkyCargo has expanded its weekly scheduled cargo flight operations to cover 75 destinations across six continents.
Some of the destinations recently included are Colombo,...
2020 Best Job Cities, Post-COVID-19
Data reveals the cities with the best outlook for employment based on statistics relating to opportunities, infrastructure and quality of life, as well as...
Take a Look! VOX Cinemas Drive-in at Mall of the Emirates
Majid Al Futtaim brings back the big screen experience by launching VOX Cinemas Drive-in at Mall of the Emirates
VOX Cinemas’ newest experience will...
Fraud Prevention During Uncertain Times
In uncertain times, those who look to perpetrate fraud will try to exploit an individual’s anxiety, or even generosity. The current environment is no...
Emirates Resumes Passenger Flights to 9 Destinations
From 21 May, Emirates will operate to: London Heathrow, Frankfurt, Paris, Milan, Madrid, Chicago, Toronto, Sydney and Melbourne*
Offers seamless connection in Dubai...
Banks’ Expertise Critical to Speed Up Economic Recovery Post COVID-19
Credit misallocation causing lasting risks to economies, and needs course-correction
Bankruptcy frameworks need to prepare for potential impact of credit losses on banking...
Lockheed Martin Launches Online Summer Internship Program for UAE University Students
Lockheed Martin (NYSE: LMT), the United States-based global technology leader, announced today that its annual summer internship program for UAE university students will run...
Free COVID-19 Tests for UAE Citizens, Domestic Workers, Others
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has ordered...
Negative Interest Rates Are Coming, Investors Taking Action
Negative interest rates are coming and investors will now be looking to bolster their portfolios to ‘get ahead of the curve and build wealth’,...
Global Coronavirus Stimulus Packages Compared
Global lockdowns have been in place for weeks and they are causing economic turmoil. The downturn is expected to be the worst since the...
The Unusual Symptoms of COVID-19
In late April, the US Centers for Disease Control and Prevention updated its list of COVID-19 symptoms. The CDC initially listed fever, cough, and...
UAE Currently Does Not Intend to Increase VAT
The Ministry of Finance (MoF) has denied any plans currently to raise the Value Added Tax (VAT) in the United Arab Emirates. VAT is...