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Business

Dubai Investments Rolls Out Measures To Combat COVID-19

Dedicates an entire building to serve as a quarantine facility for workers In response to the global outbreak of the Coronavirus (COVID-19) and in line...
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Markets

UAE Stocks To Have 5% Decline Limit Effective Wednesday

The Securities and Commodities Authority (SCA) has imposed a 5 percent daily lower fluctuation limit for shares effective Wednesday, March 18th, and until further...
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Economy

Dubai Holding, Meraas Unveil $272m Relief Package

Dubai Holding, a global investment holding company, and Meraas, Dubai’s premier developer and operator of lifestyle destinations, have announced the launch of an economic...
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Banking

UAE Central Bank to Cut Interest Rates by 75 Basis Points

The Central Bank of the UAE announced on Monday that it will cut interest rates, beginning 16th March, following US Federal Reserve cuts to...
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Analysis

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,...
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Business

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,...
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Construction

Middle East’s Hotel Construction Pipeline Counts Essentially Even Year-Over

Analysts at Lodging Econometrics (LE) state in the 2019 year-end report that the hotel construction pipeline in the Middle East stands at 618 projects/178,384...
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Hospitality

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...
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Dubai

Dubai CPI Down By 1.20 In February 2020: DSC

The annual Consumer Price Index, CPI, rate in the Emirate of Dubai dropped by 1.20 percent in February 2020 compared to the same period...
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