Monthly Archives: May 2020
Saudi Arabia Triples VAT to Counter Economic Impact of Coronavirus
Saudi Arabia will increase its value-added tax, VAT, from 5 to 15 percent in July, the Finance Ministry said on Monday, as part of...
How Will Asset Management Be Affected by Covid-19 Crisis?
The Covid-19 pandemic is like nothing any of us has ever experienced. The crisis will undoubtedly have far-reaching implications for people, businesses and society...
World Tourism At Standstill as 100% of Countries Impose Restrictions on...
COVID-19 has placed the whole world on lockdown, with new research from the World Tourism Organization showing that 100% of global destinations continue to...
Recovery in Oil Prices Positive Catalyst for Regional Markets
Global equities performed positively during the week as investors are encouraged by synchronized policy responses by leading Central Banks, and gradual reopening of the...
Emirates Group Announces 2019-20 Results
Group records 32nd consecutive year of profit of AED 1.7 billion (US$ 456 million)
Group revenue of AED 104 billion (US$ 28.3 billion) impacted by planned...
Predicted Global Impact of COVID-19 on Airport Industry Escalates
Airports Council International (ACI) World has released updated modelling that shows the worsening economic impact on the global airport industry.
The forecasts of prolonged –...
The Biggest Private Coronavirus Donations
At the end of April, Forbes counted 77 billionaires who had donated to different causes to do with coronavirus relief. The biggest donation came...
If You Can’t Make Mortgage Payments, Here Is a Few Steps...
When you initially signed your mortgage contract in Dubai, you have been advised by your banker to run the numbers and make sure you...
Covid-19 Impact on Emerging Market Debt
Covid-19 has rapidly become an economic shock for the global economy. Initially rocking China, global economic expectations changed dramatically in early March, and have...
An Old TB Vaccine Finds New Life in Coronavirus Trials
Studies are underway to test whether giving a shot of BCG vaccine could protect doctors and nurses against COVID-19.
One of the oldest vaccines could...
Abu Dhabi Music & Arts Foundation Premiers Cultural Ramadan Series
Abu Dhabi Music & Arts Foundation announced today its first Cultural Ramadan Series featuring a rich lineup of Ramadan special events as part of...
Dubai Sports Council Announce Ramadan 5K Challenge
Following the stupendous success of their Marathon at Home last month, the Dubai Sports Council, ASICS Middle East and 5:30 Run club, are back...
International Tourist Numbers Could Fall 60-80% in 2020, UNWTO
International tourism down 22% in Q1 and could decline by 60-80% over the whole year
67 million fewer international tourists up to March...
How to Spot Fake News, University Scholar Explains
While social media now acts as a main or supporting source of news for almost everybody, fake news is sweeping all network channels.
Ajman University...
D-180 Digital Mentoring Program Opened for University Students and Graduates
Deloitte’s D-180 program has just launched in the Middle East. D-180 is a digital mentoring program integral to Deloitte’s community response efforts to COVID-19....
Ramadan in Dubai: #StayHome Activities and Initiatives
Keeping the body active and alert throughout Ramadan is at the forefront of Dubai’s residents’ minds this year, as the emphasis on physical and...
Emirates Aviation University recognised with 5 Star rating from QS
Emirates Aviation University, the academic wing of the Emirates Group and one of the region's most prestigious educational institutions, has been awarded an overall...
New Tech Solution to Help Businesses and Communities Safely Reopen
Salesforce (NYSE: CRM), the global leader in CRM, today announced Work.com – new technology solutions and resources to help business and community leaders around...































