AviationFeaturedEmirates suspends flights to 30 destinations amid Covid-19 pandemicPritam BordoloiMarch 17, 2020 by Pritam BordoloiMarch 17, 2020 The carrier will stop flying to Turkey, Jordan, Lebanon, Iraq, Cyprus, Malta and Portugal... Read more
BankingFeaturedGulf central banks cut rates to tackle slowdown caused by Covid-19Pritam BordoloiMarch 17, 2020March 18, 2020 by Pritam BordoloiMarch 17, 2020March 18, 2020 The Fed recently slashed its interest rates to nearly zero... Read more
HealthcareMagazinePublic-private collaboration key to UAE’s smart healthcare goalsInternational FinanceMarch 13, 2020March 20, 2020 by International FinanceMarch 13, 2020March 20, 2020 The country’s healthcare system is undergoing a structural shift with the accelerated adoption of sophisticated medical care technologies... Read more
EconomyMagazineHow prepared is Oman to levy VAT?International FinanceMarch 13, 2020March 20, 2020 by International FinanceMarch 13, 2020March 20, 2020 Although the Sultanate’s taxation system is largely unprepared for the implementation of VAT, VAT will benefit Oman’s economy... Read more
EnergyFeaturedWorld’s largest desalination plant in the UAE secures $758 mn loanPritam BordoloiMarch 13, 2020 by Pritam BordoloiMarch 13, 2020 Operations at the project are expected to begin in 2022... Read more
FeaturedHealthcareUAE healthtech Okadoc to expand into Saudi with $10 million fundingInternational FinanceMarch 12, 2020March 18, 2020 by International FinanceMarch 12, 2020March 18, 2020 Okadoc has partnered with Dubai Healthcare City and onboarded some of the top healthcare providers in the country... Read more
FeaturedOil & GasAdnoc to supply over 4 mn bpd from April as global oil price plungesPritam BordoloiMarch 12, 2020March 12, 2020 by Pritam BordoloiMarch 12, 2020March 12, 2020 The oil giant is also speeding up its original target to produce 5 mn bpd of oil by 2030... Read more
AviationFeaturedEtihad Airways to fly its Boeing 987-9 Dreamliner jet to ViennaPritam BordoloiMarch 10, 2020March 10, 2020 by Pritam BordoloiMarch 10, 2020March 10, 2020 Etihad will fly daily to Vienna in Austria from December 1, 2020... Read more
AviationFeaturedCoronavirus may lead to losses of $4.9 bn for Middle East airlinesPritam BordoloiMarch 6, 2020 by Pritam BordoloiMarch 6, 2020 With new coronavirus cases being reported in the Middle East, passenger numbers are expected to drop by 23%... Read more
BankingFeaturedEmirates NBD reduces transaction fees in line with the UAE’s coronavirus initiativesInternational FinanceMarch 5, 2020March 18, 2020 by International FinanceMarch 5, 2020March 18, 2020 These measures are being implemented to mitigate economic impact caused by the coronavirus epidemic... Read more