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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,...

Emirates Resumes Operations with Industry-leading Safety Standard

Emirates has unveiled multi-faceted measures for employee and customer care at every step of the travel journey, redefining safety and hygiene standards on board...

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...

Foreigners with Valid Residence Visa Can Return to UAE

The Ministry of Foreign Affairs and International Cooperation (MoFAIC) and the Federal Authority For Identity and Citizenship (ICA) Monday said foreign nationals holding valid ...

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...

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...

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...

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...

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...

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...

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...

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...

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 –...