(Bloomberg) –The United Arab Emirates rolled out a slew of measures to contain the spread of the coronavirus — from suspending flights, shutting malls to adding...
(Bloomberg) — Morgan Stanley and Goldman Sachs Group Inc. economists said the coronavirus will inflict greater economic pain than they previously expected as they warned of...
The UAE Cabinet on Sunday approved an additional AED16 billion economic stimulus package to bolster the country’s economy, ensure continuity of businesses, and manage the adverse...
Emirates Airlines has decided to suspend most passenger flights from March 25 due to lackadaisical response in the market caused by border closures amid the Coronavirus (COVID-...
Tough times mean finding innovative ways to keep going and Dubai Mall, the world’s largest shopping centre, has just done that to ensure that social distancing...
The Emirate of Sharjah today listed a US$200 million Sukuk on Nasdaq Dubai, bringing the total value of Sukuk listed in Dubai to $67.06 billion. According...
(Bloomberg) — Amazon.com Inc. Chief Executive Officer Jeff Bezos warned his company’s 800,000 employees that the coronavirus outbreak will likely “get worse before it gets better,” according...
(Bloomberg) — The car-sharing company Getaround is actively seeking a sale as the coronavirus outbreak has sent demand plunging and left the startup dangerously short on cash, according to...
(Bloomberg) — While dealmakers brace for a year of gloom and doom, a small pocket of the M&A world has been defying the downturn. Investors are plowing...
(Bloomberg) — Dubai’s ruler Sheikh Mohammed Bin Rashid Al Maktoum asked local banks to offer companies relief, including refinancing and repayment referrals, as part of measures aimed...
