7 Ways to Avoid Germs on a Plane
As a could-be medical pandemic, the coronavirus disease (COVID-19)—the respiratory disease first detected in Wuhan, China, at the end of…
Comment & Analysis
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Fiscal Policies to Protect People During the Coronavirus Outbreak
A key role of government is to protect the well-being of its people—most crucially and visibly during emergencies such as…
Saudi bank loans granted to public, private sectors increase 8 percent
Data issued by the Saudi Arabian Monetary Authority showed that, by the end of January 2020, Saudi bank loans granted…
Qatar's sustainable development initiatives showcased at global forum
The country’s initiatives on sustainable development have been showcased at the ‘2nd World Sustainable Development Forum’ held recently in Durango,…
GCC economy's resilience to be tested
GCC countries are facing severe headwinds on multiple fronts that will have a negative impact on oil gross domestic product,…
DIFC reports 14% increase in number of companies in 2019
Dubai International Financial Centre reported on Sunday that the total number of companies operating from the financial free zone grew…
Coronavirus and contracts: Understanding rights, obligations, and protections
The COVID-19 coronavirus (generally, coronavirus) outbreak has the potential to affect the global supply chain significantly. Businesses and their owners…
Lebanon suspends banks’ asset freeze
Lebanon’s attorney general has suspended an order freezing the assets of 20 banks and their directors over concerns about its…
Robust economic growth to support Kuwaiti banks, says Moody's
The outlook for Kuwait's banking system remains stable as robust economic growth will support credit conditions, Moody's Investors Service said.…
Saudi Arabia plans $6bn surge in mortgage refinancing
Saudi Arabia’s first mortgage refinancing firm aims to raise its holdings of home-loan portfolios by 10 times this year, as…
Central Bank of Kuwait cuts discount rate to 2.5 per cent
The Central Bank of Kuwait’s Board of Directors has reduced the discount rate by 0.25 percentage points from 2.75 per…
Middle East businesses see biggest rise in customer fraud
Fraud and economic crime rates remain at record highs in the Middle East, impacting companies in more ways than ever,…