Singapore property investment sales dropped 37% to $3.02 bn in Q1
In the first quarter, commercial property sales dropped 81 percent to $183.4 million compared to the same period last year...
Tag : Covid-19
China’s new loans surge to $405 bn in March on the back of Covid-19
New loans in the country have surpassed market expectations of 1.8 tn yuan...
Egypt urges domestic banks to set limit on daily withdrawal and deposits
The new limit would allow individuals to withdraw 10,000 Egyptian pounds and companies 50,000 pounds...
Gulf airlines see 20% spike in cargo demand for essential supplies
Mainly, food and medical supplies are in great demand globally...
UAE banks provide 98% of services digitally amid coronavirus outbreak
A study also revealed that digital banking users significantly increased to 90%...
72 airlines cut capacity by 100% amid Coronavirus outbreak
85% of the global airlines have made capacity cuts of 60% or more as Covid-19 spreads...
Aramco to cut refinery runs to sustain high oil output through May
Aramco to continue supplying crude at a record rate of 12.3 bpd...
Monzo launches current account services for SMEs
The trial period lasted 12 months and saw the participation of 2500 businesses...
Emirates suspends flights to 30 destinations amid Covid-19 pandemic
The carrier will stop flying to Turkey, Jordan, Lebanon, Iraq, Cyprus, Malta and Portugal...
Gulf central banks cut rates to tackle slowdown caused by Covid-19
The Fed recently slashed its interest rates to nearly zero...