AviationFeaturedCovid-19 could result in 400,000 jobs losses in UAE’s aviation industryInternational Finance Business DeskApril 24, 2020April 24, 2020 by International Finance Business DeskApril 24, 2020April 24, 2020 IATA believes job losses in the UAE’s aviation industry will be the highest compared to other Gulf nations... Read more
EconomyFeaturedSaudi Arabia hosts digital G20 business chief meetingInternational Finance Business DeskApril 23, 2020April 23, 2020 by International Finance Business DeskApril 23, 2020April 23, 2020 The leaders discussed strategies for the post-pandemic period... Read more
FeaturedLogisticsDP World launches digital global trade supply chain platformInternational Finance Business DeskApril 22, 2020 by International Finance Business DeskApril 22, 2020 The platform covers sea, land and air shipping around the world... Read more
EnergyFeaturedMENA needs to spend $148 bn till 2050 to fight climate changeInternational Finance Business DeskApril 21, 2020 by International Finance Business DeskApril 21, 2020 The region would create 1.51 mn jobs in the renewable sector compared to 78 mn lost in the fossil fuel sector... Read more
FeaturedIslamic BankingADIB: First Islamic bank to complete digital trade finance transactionInternational Finance Business DeskApril 17, 2020 by International Finance Business DeskApril 17, 2020 Abu Dhabi Islamic Bank completed the transaction with the help of TradeAssets, a blockchain-based trade finance emarket... Read more
AviationFeaturedAir Arabia announces repatriation flights to Africa and beyondInternational Finance Business DeskApril 16, 2020 by International Finance Business DeskApril 16, 2020 The carrier will fly passenger as well as cargo flights to Afghanistan, Iran, Oman, Kuwait, Bahrain, Sudan, Egypt, India and Nepal... Read more
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