03/20/2020
Covid-19 in UAE: Employer should pay salary if an employee is put in quarantine
Large number of companies have been asking their employees to be in quarantine when they return from leave
Research, Comment and Analysis
03/20/2020
Fitch Rtgs: COVID-19 Poses downside risks to Egyptian banks
Banks' credit profiles could come under pressure in a weaker operating environment and with an economic slowdown.
03/20/2020
Abu Dhabi stimulus package to 'mitigate panic', says LuLu Financial boss
Adeeb Ahamed, managing director, Lulu Financial Group, says aid package will 'shore up businesses for both SMEs and bigger players
03/19/2020
Top 10 most successful businesses in the Middle East
Ranking at number 10, Emirates NBD is one of the leading banking groups in the UAE.
03/19/2020
Saudi Arabia to cut 5% of 2020 budget to fight effects of coronavirus pandemic
It will be in areas that have the least social and economic impact
03/19/2020
UAE banks' assets hit $842.6bln in February
Total investments by banks in the UAE reached $111.5bln in February 2020
03/18/2020
Reducing the risk of infection
Biology shows us that there are additional ways to reduce the risk of serious coronavirus infections, in addition to hand hygiene and keeping distance, Viola Vogel writes.
03/18/2020
Covid-19: a dress rehearsal for the climate emergency?
Since it was first detected in December 2019, the virus has spread rapidly, having been declared a Public Health Emergency of International Concern on 30 January 2020, and is now characterised as a pandemic by the World Health Organisation.
03/18/2020
UAE stimulus will limit banks’ asset quality dip
Central Bank has allowed banks to free up $13.6b in additional lending
03/18/2020
Business, but not as usual: a new era of more corporate responsibility?
Rather than being a ploy to attract good publicity, this new approach to decision making is driven by the desire for corporations to do something positive and tangible in challenging times.
03/17/2020
Panic Has No Bounds - Gary Dugan
The panic is evident.
03/17/2020
The Covid-19 Outbreak
The pandemic has greatly impacted all aspects of daily life: work, travel, tourism, financial markets, food supplies, social activities, public transportation, and much more.
03/17/2020
Coronavirus: bars, clubs and lounges to close in Dubai – restaurants to remain open
Dubai Tourism has issued a notice of immediate closure
03/17/2020
Leading in this unprecedented moment: 8 wellbeing leadership strategies for responding to COVID-19
“This is an unprecedented moment. It’s important that we approach it with a sense of calm and responsibility—because we have many people counting on us.” —Google CEO Sundar Pichai
03/17/2020
Saudi Arabia’s banking sector resilient despite economic headwinds: KPMG
The report is the first major publication to include an analysis of the 2019 performance of all eleven Tadawul-listed banks.
03/17/2020
COVID-19: Implications for business
We will update it regularly as the outbreak evolves.
03/16/2020
Across Middle East, efforts to stop virus shake up daily life
The country decided on Friday to close all educational institutions for three weeks.
03/16/2020
Indoor air is not coronavirus-ready
CEO of Condair Group Oliver Zimmermann comments on the lack of humidity control regulations for public buildings.
03/16/2020
UAE, Saudis reveal $40.6 bil stimulus to support economies hit by coronavirus, oil crash
Brent crude is now threatening to dip below $30/b and test levels last seen back in 2004. Some industry veterans even fear prices could plummet further to historic lows
03/16/2020
Saudi Arabia Announces $13 Bln Coronavirus Financing Package
Saudi health ministry spokesman Mohammed Abdelali on Saturday urged the population of 30 million to avoid gathering in public places, minimize movements and stay at home as much as possible.