(Bloomberg) — Two of Dubai’s biggest banks bought loans made to DXB Entertainments PJSC from other regional lenders as part of plans by its majority owner to...
The UAE’s Ministry of Health and Prevention has announced 14 new cases of the Covid-19 coronavirus had been confirmed in the country. Four of them are from...
(Bloomberg) — Markets brace for another wild week as the coronavirus keeps spreading and an oil price-war is thrown into the mix. Saudi Arabia’s Crown Prince moves to...
(Bloomberg) — The novel coronavirus outbreak will cost the airline industry $63 billion to $113 billion in lost revenue from passengers this year, the International Air Transport...
(Bloomberg) — Stocks in the Middle East nosedived as the world’s biggest crude producers failed to agree on production cuts, kicking off a price war and sending...
(Bloomberg) — A virus-stricken ship, with more than 3,500 on board, prepares to dock in California. Saudi Arabia unleashes all-out war on the price of oil. Italy...
(Bloomberg) — The Dubai International Financial Centre, the Middle East’s financial hub, added more than 2,000 new jobs last year. The number of those employed in the...
(Bloomberg) — Oil markets crashed more than 30% after the disintegration of the OPEC+ alliance triggered an all-out price war between Saudi Arabia and Russia that is...
(Bloomberg) — The fallout from the global spread of coronavirus may be starting to affect credit and funding markets, according to JPMorgan Chase & Co. Supply-chain disruptions...
(Bloomberg) — Senior citizens with underlying health conditions should avoid activities such as a cruise, U.S. Vice President Mike Pence said after meeting with the cruise-line industry...