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ACI and IATA Outline Roadmap for Aviation Industry Restart

Airports Council International (ACI) World and the International Air Transport Association (IATA) have called on governments to ensure any new measures introduced for airports...

Dubai SME Allocates AED 20 Million to Guarantee Capital for SMEs

Dubai-Based SMEs owned or managed by an Emirati can benefit from scheme Three-month payment holiday for SMEs to help during Covid-19 Eligible...

Dubai Land Department Introduces Remote Property Transaction System

Dubai Land Department, DLD, has successfully introduced a new registration system for real estate transactions, which allows real estate owners to complete sales transactions...

Union Coop Launched ‘Drive Thru’ Shopping Service

Union Coop, the largest Consumer Cooperative in the UAE launched a new ‘drive-thru’ shopping service that allows consumers to shop from their vehicle, at...

COVID-19 Risks Outlook: Challenges and Opportunities

Economic distress and social discontent will rise over the next 18 months unless world leaders, businesses and policy-makers work together to manage the fallout...

DME Oman Crude Up Over 100% Since Historic Production Cuts

Oman crude oil Benchmark trading on Dubai Mercantile Exchange has doubled in price since the record cuts agreed by the OPEC+ group and other...

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...

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...

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,...

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...

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 –...

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...

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...

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...