IMF: Coronavirus impact to be more severe than 2008 crisis for MidEast
IMF expects the MENA region to contract by 3.3% in 2020...
Tag : Middle East
2019: Residential real estate market fall 8.8% in Dubai
Rental yield remains unchanged at 6.4 percent...
Aramco slashes oil prices in Asia despite historic deal
Aramco slashed its selling price for Asian buyers by $4.20 per barrel...
Etihad announces special flights to Europe and Japan
The airline will fly to Brussels, Dublin, London, Tokyo and Zurich between April 14 and 22...
Saudi Arabia-Russia agree to slash oil output and end the oil price war
The parties agreed to cut production by about 10 million barrels a day in May and June...
Airlines in UAE could lose $5.36 bn in revenue due to coronavirus
IATA reports that around 287,863 jobs could be cut in the UAE aviation sector...
Adnoc to continue investments to achieve 2030 targets
Adnoc wants to produce 5 million barrels of oil per day by 2030...
Mubadala to launch a healthcare fund in light of Covid-19 outbreak
The fund will invest in digital health technology and life science...
Trump, US oil companies to discuss tariffs on Saudi oil
CEOs of Exxon Mobil, Chevron, and Occidental Petroleum are set to meet Trump at the White House...
Aramco mulls selling pipeline stake to raise cash
Aramco needs cash to deal with the slump in oil prices and the coronavirus pandemic...