EconomyFeaturedIMF: Coronavirus impact to be more severe than 2008 crisis for MidEastInternational Finance Business DeskApril 16, 2020April 16, 2020 by International Finance Business DeskApril 16, 2020April 16, 2020 IMF expects the MENA region to contract by 3.3% in 2020... Read more
FeaturedReal Estate2019: Residential real estate market fall 8.8% in DubaiInternational Finance Business DeskApril 15, 2020 by International Finance Business DeskApril 15, 2020 Rental yield remains unchanged at 6.4 percent... Read more
FeaturedOil & GasAramco slashes oil prices in Asia despite historic dealInternational Finance Business DeskApril 14, 2020 by International Finance Business DeskApril 14, 2020 Aramco slashed its selling price for Asian buyers by $4.20 per barrel... Read more
AviationFeaturedEtihad announces special flights to Europe and JapanInternational Finance Business DeskApril 13, 2020 by International Finance Business DeskApril 13, 2020 The airline will fly to Brussels, Dublin, London, Tokyo and Zurich between April 14 and 22... Read more
FeaturedOil & GasSaudi Arabia-Russia agree to slash oil output and end the oil price warInternational Finance Business DeskApril 10, 2020 by International Finance Business DeskApril 10, 2020 The parties agreed to cut production by about 10 million barrels a day in May and June... Read more
AviationFeaturedAirlines in UAE could lose $5.36 bn in revenue due to coronavirusInternational Finance Business DeskApril 6, 2020 by International Finance Business DeskApril 6, 2020 IATA reports that around 287,863 jobs could be cut in the UAE aviation sector... Read more
FeaturedOil & GasAdnoc to continue investments to achieve 2030 targetsInternational Finance Business DeskApril 6, 2020 by International Finance Business DeskApril 6, 2020 Adnoc wants to produce 5 million barrels of oil per day by 2030... Read more
FeaturedHealthcareMubadala to launch a healthcare fund in light of Covid-19 outbreakInternational Finance Business DeskApril 3, 2020 by International Finance Business DeskApril 3, 2020 The fund will invest in digital health technology and life science... Read more
FeaturedOil & GasTrump, US oil companies to discuss tariffs on Saudi oilInternational Finance Business DeskApril 2, 2020April 2, 2020 by International Finance Business DeskApril 2, 2020April 2, 2020 CEOs of Exxon Mobil, Chevron, and Occidental Petroleum are set to meet Trump at the White House... Read more
FeaturedOil & GasAramco mulls selling pipeline stake to raise cashInternational Finance Business DeskMarch 31, 2020 by International Finance Business DeskMarch 31, 2020 Aramco needs cash to deal with the slump in oil prices and the coronavirus pandemic... Read more