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Coronavirus-triggered Recession Will Change How We Live, Do Business and Invest

The recovery from a coronavirus-triggered recession will usher in a new era in which how we live, do business and invest will fundamentally change,...

How Brands Can Survive COVID-19 Crisis

The good news about working remotely is that you can still do so while self-isolated after a skiing trip in the Italian Dolomites. However,...
Coronavirus Impact: Hospitality Industry To Suffer The Most

Coronavirus Impact: Hospitality Industry To Suffer The Most

As no one wants to get sick, people stop going out and spending money. But there is other people who make a living of...

Social Distancing – The Key To Slowing Coronavirus

Canceling events. Closing schools. Avoiding crowds. Staying home. All of these actions have one goal in common, and it can help prevent the spread...

UAE Central Bank Announces $27.2 Billion Economic Support Scheme

The Central Bank of the UAE, CBUAE, has launched an AED100 billion comprehensive targeted economic support scheme for retail and corporate customers affected by...

Coronavirus & Economic Crisis: 3 Possible Paths Forward

Volatility looks like a mainstay for the coming months. Analysts at the private investment bank JPMorgan Chase & Co. outline three paths forward from...

Dubai Launches $400 Million Economic Stimulus Package for Next 3 Months

Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Crown Prince of Dubai...

UBS Investors Note: How To Respond To COVID-19 + Oil Crash

Markets sold off and the S&P 500 halted trading for 15 minutes after a 7% fall. Here's what investors should do. What's happened? Risk assets slumped...

The Impact of Corona on GCC and The Global Economy

The GCC economy depends heavily on revenues from the sale of oil and its derivatives on the world market. Complicating the situation, the GCC...

World Economic Forum Convenes Global Business for COVID Action Platform

The World Economic Forum on Wednesday announced the creation of the COVID Action Platform The global platform, the first of its kind, aims...

Free Round-the-clock COVID-19 Consultations via Video, Voice Calls

All Dubai residents can now contact Dubai Health Authority, DHA, doctors via video and voice calls, for free 24/7 consultation and queries regarding COVID-19. The...

Slump in Oil Prices and Coronavirus Outbreak: Global Recession Seem Inevitable

At the start of this week, a global recession seems as the most probable scenario for the world's economy in 2020. Stocks around the world...

Arabian Travel Market To Be Postponed

Arabian Travel Market, which was due to be held this April, has been postponed to June, the event's organiser, Reed Travel Exhibitions announced today. In...

Global Markets Volatility To Remain Elevated

The global equity markets witnessed mixed sentiments during the week, and were dominated by elevated levels of volatility on the back of unpredictable impact...

Investors Eye Opportunities As Central Banks Discuss Coronavirus Action

Global investors are taking advantage of buying opportunities ahead of policymakers looking to take more coordinated action on propping up economies due to the...

Dubai International Boat Show Postponed

Dubai World Trade Centre took the extraordinary step of postponing the Dubai International Boat Show that was scheduled to be held this month from...

UAE, GCC Citizens Suspended from Travel Using National ID

The UAE and other GCC citizens can't travel using national ID only under a temporary ban by the Federal Authority for Identity and Citizenship,...

Coronavirus Could Push Global Economy into Recession, Investors Warned

Coronavirus and heightening geopolitical and trade tensions can be expected to drive the world to the brink of a global recession this year. Investors...