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...
COVID-19 Puts Over Half of 2020 Passenger Revenues at Risk, Says...
The International Air Transport Association (IATA) released updated analysis showing that the COVID-19 crisis will see airline passenger revenues drop by $314 billion in...
Five Ways to Lead: Workforce Principles for COVID-19 Pandemic
Businesses need to respond to urgent concerns from their workforce on safety and support
Actions to help include empowering local managers, prioritizing personal...
MAG Welcomes Main Contractors to Bid for Construction of Keturah Reserve
The project’s construction value is worth AED 2.8 billion.
MAG, one of the leading real estate developers in the UAE, has invited contractors to bid...
Emaar Malls Profit Up 2.5% in 2019, Revenue Rose 5%
Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, recorded a five percent increase in revenue to AED4.673 billion (US$1.272 billion),...
UAE Economy on Track towards Recovery in 2021
Federal Competitiveness & Statistics Centre reveals preliminary results of economic performance in 2020
The UAE economy performed better than expected in 2020 despite the current...
Emaar Tells Retailers: “Now Is The Time To Be Bold”
Emaar Chairman Mohamed Alabbar tells retailers to “be bold” as the UAE gradually comes out of the COVID-19 crisis.
In a special virtual conference call...
Consumers Gear Up for a Festive Season Like No Other
The global retail sector is in an unprecedented state of flux and as the end of the year approaches, Nielsen Global Connect predicts that...
Most UAE Professionals Expect Long Recovery After Covid-19 Pandemic
The number of working residents claiming the pandemic has impacted their businesses has increased considerably over the past weeks
YouGov’s latest data from the second...
DME Achieves Remarkable Growth in Trading, Physical Delivery Volumes in 2023
With DME reaching its highest total volume and physical delivery levels since 2018, DME Oman now represents 36 percent of the Middle Eastern crude...
Union Coop Distributes 24% Cash Dividend; 6% Return On Shareholder Purchases
The General Assembly of Union Coop – the largest Consumer Cooperative in the UAE, distributed dividend at 24%, in addition to 6% return on...
OPEC, non-OPEC Reach Oil Cuts Deal Amid COVID-19
An emergency video conference between OPEC and non-OPEC ministerial partners, chaired by Saudi Arabia, ended on Sunday with a continued commitment of the participating...
Emirates Increases Refunds Capability
Emirates has ramped up its capability to process refunds, reaffirming its commitment to customers and travel trade partners impacted by travel disruptions caused by...
Dubai Welcomes 12 Million Visitors in the First 9 Months of...
Dubai witnessed a surge in arrivals which accelerated the city’s tourism momentum with 12.08 million international overnight visitors in the first nine months of...
UAE Closes Leisure Sites; Implements Preventive Measures for F&B Outlets
The UAE Ministry of Health and Prevention and the National Emergency Crisis and Disasters Management Authority have announced the closure, starting Sunday, of public...
S&P Global Survey: Middle East Crude Prices Reflect Collapsing Oil Markets
A survey of different crude market participants conducted yesterday by S&P Global Platts speaks volumes about the plunge in official selling prices (OSP) of...
ATM Virtual to focus on potential Chinese Outbound Travel Market
One of the most eagerly awaited sessions during the Arabian Travel Market (ATM) three-day ATM Virtual event that takes place from 1-3 June 2020,...
Dubai Economy Fines Pharmacies For Tampering With Prices Of Hygiene Essentials
The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economy has imposed fines on three pharmacies, in Jumeirah, Al Khawaneej and Mirdif, for...