Middle East returns to normal life amid strict COVID-19 measures
Efforts to return life gradually back to some kind of normality in parts of the Middle East continue, as governments…
Coronavirus
765 articles found
The Gulf’s sovereign wealth funds ‘need to be deployed’ amid coronavirus crisis, expert says
The Gulf region’s twin shock of the coronavirus pandemic and severely weakened oil prices continues to pressure its economies, with…
Dubai's DIFC firms to benefit from group healthcare scheme
Dubai International Financial Centre announced today it has signed an MoU with EC3 Brokers to introduce a new group health…
Life insurance top priority for UAE residents after Covid-19
Life insurance is the top financial priority for almost 50 per cent of people living in the UAE in the…
Gulf Countries to Experience Worst Economic Crisis in History: IIF
The six Gulf Cooperation Council nations are facing their worst economic crisis in history amid the double shock of plunging…
QDB highlights Qatar's efforts in facing coronavirus repercussions on business sector
Qatar Development Bank took part in the annual start-ups and entrepreneurship conference "The Art of Innovation: Innovative Startups And its…
Saudi Arabia PIF’s $40bn boost aimed at post-pandemic profit
The Public Investment Fund (PIF), Saudi Arabia’s ambitious sovereign wealth fund, is seeking to use the extra $40 billion it…
Sharjah hires banks for $1bn sukuk sale
The emirate of Sharjah hired banks to raise as much as $1bn from international debt markets, joining wealthier Gulf states…
Post-COVID-19 economic revival: Islamic finance can play a key role in GCC
Islamic finance social instruments could help countries navigate the economic turbulence wrought by the COVID-19 pandemic in core Islamic finance…
Abu Dhabi retains its top credit ratings with stable outlook
Credit rating agency Standard & Poor’s on Saturday retained Abu Dhabi’s credit rating at AA/Stable/A-1+ with stable outlook, after considering…
Accor cuts 800 jobs across the Middle East and Africa region
Hospitality group Accor has revealed it has made around 800 people redundant in the Middle East and Africa as COVID-19…
Directors' duties and UAE corporate bankruptcy
Company directors and managers in the United Arab Emirates must ensure that decisions made in a financial distress situation are…