Investment power shifting east to Gulf and Asia
The Covid-19 crisis has sent asset prices plunging, and cash-strapped companies are desperate for any capital injection – which makes…
Coronavirus
765 articles found
Service Quality and Resilience are Key in Current GCC Environment
The GCC was, generally, very quick to react when early signs of the coronavirus appeared in the region, with a…
Emirates Islamic offers free international money transfers
Dubai-based Emirates Islamic is offering free international money transfers for all individual customers amid the coronavirus pandemic. All bank…
Financial Technologies record a rapid growth in the region, says Dubai Future Foundation report
The financial technologies industry is widely expected to emerge stronger from the challenging risks of the pandemic as people turn…
Pandemic may force GCC banks to cut dividends, drive future M&A
Banks in the Arabian Gulf could be forced to scrap 2020 dividends as profits plunge in 2020 due to coronavirus,…
GCC outlook: Should we worry about inflation after COVID-19 bailouts?
It's a rough ride for the Gulf states. The pandemic is cratering businesses and people are losing their jobs, creating…
Coronavirus has not changed the Middle East
The coronavirus pandemic does not respect borders. Middle Eastern countries have reacted differently and at different times. Eventually, however,…
Key cyber risks for banks during COVID-19
It’s an unfortunate fact that fraudsters tend to prey on unexpected events or challenges. When normality becomes disrupted, they see…
UAE stimulus to help SMEs, says Abdulla Al Saleh
Government officials and business leaders on Wednesday discussed the impact of Covid-19 and doing business in a new environment. …
UAE to review government structure, size in post-coronavirus strategy – statement
The United Arab Emirates will review the structure and size of its government as part of its strategy for dealing…
Sheikh Mohammed grants 10-year Gold Card visas to Dubai doctors battling Covid-19
Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has decided…
Standard Chartered donates USD11,8m for immediate COVID-19 relief efforts across Africa and the Middle East
Standard Chartered has announced donations totalling USD11,8 million to the Red Cross, UNICEF and local non-governmental organisations (NGOs) and Government…