IT spending to decline by 8% globally due to the pandemic
IT spending is projected to total $3.4 trillion in 2020, according to leading global research and advisory company Gartner...
Tag : coronavirus
Qatar Airways in talks to postpone aircraft purchase
The carrier is in talks with Boeing and Airbus to defer orders for several years...
Dubai real estate sees best first quarter performance in six years
Q1 2020 saw cash sales of ready homes up 30.4 percent annually with no change quarterly...
IATA: Average airfare in Middle East to jump by 50%
This is mainly due to the social distancing measures adopted to fight the virus...
Coronavirus pandemic to severely impact the renewable energy sector
China alone supplies more than 50% of solar equipment to the world...
Aramco to review SABIC’s price after 40% drop in its value
Last year, Aramco agreed to buy a 70% stake in Saudi Basic Industries Corp (SABIC)...
Singapore’s Temasek eyes stake in troubled Virgin Atlantic
Delta Air Lines currently holds 49% or Virgin Atlantic and the remaining 51% by Virgin Group...
British Airways to restart operations partially in July
The airline group does not expect to return to full capacity until 2023...
Philippines’ economy shrinks for the first time in two decades
Its GDP declined by 0.2% in the first quarter of 2020...
Malaysia’s BookDoc, WeDoctor join forces to fight against Covid-19
The companies will launch Global Consultation and Prevention Centres to assemble medical resources from different regions on one platform...