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.
Research, Comment and Analysis
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.
03/16/2020
Coronavirus breakthrough: Australian researchers find ‘cure’
He said one of the medications, given to some of the first people to test positive for COVID-19 in Australia, had already resulted in ‘disappearance of the virus’ and complete recovery from the infection.
03/13/2020
COVID-19: key questions for employers
Carla Benest (Partner, Jersey) and Rachel Guthrie (Senior Associate, Guernsey)
03/13/2020
Kuwait gears up for coronavirus lockdown, minister urges calm
It was not clear how long the ban on commercial flights in and out of Kuwait would last.
03/13/2020
Focus: How to work remotely
We respond to emails, reply to texts and take calls at any time to be at the top of our game, even outside of work hours.
03/13/2020
Coronavirus Economic Planning: Hoping for the Best, Prepared for the Worst
This blog is part of a special series on the response to the coronavirus.
03/12/2020
30% of UAE women executives will change companies for a better career
52% percent expect next career move within the same company
03/12/2020
Kuwait to suspend all flights from Friday over virus
Authorities also announce a public holiday in the country from March 12-26 in bid to prevent spread of coronavirus
03/12/2020
Coronavirus: How deep will the new recession be?
A combination of virus attack and oil price shock pushes economy to the edge
03/12/2020
EY: Five MENA IPOs raise US$30.0b in Q4 2019
Global IPO activity saw 353 IPOs raising US$84.5b in Q4 2019
03/11/2020
Sovereigns under threat by COVID-19 and oil price shock – Fitch
A number of emerging market sovereigns were downgraded following the 2014 to 2016 oil price collapse and many oil exporters "are still struggling to adjust to that shock
03/11/2020
Lebanon’s private creditors face significant losses, Moody’s warns
Fitch Ratings on Monday downgraded Lebanon’s long-term foreign-currency issuer default rating to ‘C’ from ‘CC’