Bahrain’s GDP contracted 1.1% in the first quarter of 2020
Bahrain’s economy is likely to contract by 3.6% this year...
Tag : coronavirus
IFC invests $75 mn in Vietnamese property firm Phu My Hung
The funds will help the real estate firm sustain itself amid the coronavirus pandemic...
Egypt approves 691 green projects for FY 2020/21
30% of Egypt’s investment will be implemented as per environmental sustainability and green economy concepts...
Africa sees surge in mobile money as pandemic continues
Mobile money is helping African nations curb the spread of Covid-19 by limiting the usage of physical cash...
Shell to write off assets worth up to $22 bn due to Covid-19
Shell expects a 40% drop in sales in the second quarter...
Dubai’s GDP declines 3.5% in first quarter year-on-year
Real estate activity registered a growth of 3.7% in Q1 2020...
Airbus to let go around 15000 employees as pandemic hits business
Most of the layoffs are expected to be in Europe...
UK economy sees largest quarterly fall since 1979
GDP dropped by a quarterly 2.2% between January and March...
Japan’s unemployment rate rises to a 3-year high in May
Japan’s unemployment rate climbed to 2.9% last month...
Thailand’s low-cost carrier NokScoot Airlines to enter liquidation
The carrier is expected to hold a meeting on July 14 with regard to the dissolution and to also appoint a liquidator...