Qatar Airways to reshuffle fleet, retire 777 aircraft
According to the carrier, the decision is part of a strategy to cut emissions...
Tag : coronavirus
China launches $5 bn fund to support SMEs
Two Chinese ministries have teamed up to launch the National Small Medium Enterprises Development Fund...
UAE sees surge in digital payments amid the pandemic: Study
A survey conducted by Visa revealed that 71% of consumers reported increased use of digital payments...
Indonesia’s economy to contract by 1.0% in 2020: ADB
The bank also forecasts that economic growth would reach 5.3% in 2021...
Qatar Airways to defer aircraft delivery: CEO
The carrier will defer Airbus and Boeing aircraft deliveries due in 2020 and 2021...
Absa Bank restructures over 50,000 loan facilities for Kenyans
Absa Bank's restructuring is part of its commitment to protect customers from the adverse effects of the coronavirus pandemic...
Aramco acquires 70% stake in SABIC for $69.1 bn
The payments will be funded in part by four bonds issued by Aramco to the PIF...
Thailand-based proptech ZmyHome secures $1 mn funding
The funding round was led by led by South Korean VC firm BonAngels Venture Partners...
UAE central bank expects recovery of economic activities in H2
It also expects the stimulus packages announced by the government to have high impact...
Thailand’s economy to contract by 8.9% in 2020: Experts
Productivity, confidence and consumer spending will remain low in the period ahead...