The recent additional stimulus package announced by the Central Bank of UAE will support UAE banks’ liquidity and limit their likely material asset quality deterioration because...
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...
(Bloomberg) — China’s economy will swiftly return to its potential growth rate and there’ll be a significant improvement in the coming three months, a senior central bank...
The Coronavirus (COVID-19) outbreak has prompted companies such as Aldar Properties, Dubai Holding, and Meraas to release billions and millions worth of packages aimed at supporting residents,...
DP World, the region’s premier logistics and business hub operator, has reduced licence registration and administration costs for companies and new investors in Jebel Ali Free...
Abu Dhabi Ports will be collaborating with Robert Allan Ltd to develop the world’s first fully unmanned autonomous commercial tugs. The companies signed a Memorandum of...
The Central Bank of the UAE has lowered interest rates in line with the decrease in interest rates on the US dollar, following the U.S. Federal Reserve’s...
The UAE’s overall real GDP grew by 2.9 per cent in 2019 as compared to 1.7 per cent in the previous year, mainly driven by the...
(Bloomberg) — Business conditions in the United Arab Emirates worsened for the first time in over a decade as the virus outbreak in China risks further disruption...
Etihad Airways has signed an agreement with KKR, a leading global investment firm, and Altavair AirFinance (“Altavair”), a leader in commercial aviation finance to sell its...
