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Understanding The Depth of 2020 Global Recession

Current forecasts suggest that the coronavirus (COVID-19) global recession will be the deepest since World War II, with the largest fraction of economies experiencing...

Resurgence of COVID-19 Could Cause Global Economic Depression

According to the Moody’s Analytics baseline economic forecast, real global GDP will fall by 4.5% this year as a result of COVID-19. Our base...

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...

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...

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...

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 –...

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...

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...

V-shaped Economic Revival, Fuelled by FOMO

The Fear Of Missing Out (FOMO) is likely to drive financial markets significantly higher in the coming weeks. The prediction from Nigel Green of deVere...

Samana Developers Projects Remain on Track for Delivery Despite Covid-19

In the wake of a challenging situation caused by the pandemic, Dubai-based Samana Developers today said that its on-going projects in Dubai are not...

Nearly Half of Global Workforce May Lose Livelihoods due to Job...

The continued sharp decline in working hours globally due to the new coronavirus, COVID-19, outbreak means that 1.6 billion workers in the informal economy...

Retail Reels from Covid-19 – Sharp Decline in Sales; Online Groceries...

Online groceries sales surge 40%, luxury and fashion sales down by 50% KPMG Lower Gulf’s latest report, ‘Navigating the pandemic,’ has revealed a mixed...

Global Executives Express Severe Pessimism amidst COVID-19 Pandemic

As society-wide lockdowns ensue, the Economist Intelligence Unit reveals private-sector sentiment through its Global Business Barometer. Sentiment about the global economy over the next...

UAE Retail Response on COVID-19: Seek More Government Support to Open...

· The survey reports the level of impact and possible future of over 150 retailer brands who have presence across all the emirates of...