Coronavirus


How Coronavirus Is Changing Banking For The Better

Middle East Business News - Published date: .

Redefining finance for good: Virtual CXO Forum to take place on October 7 Read more

Appetite Grows For Office Return As Coronavirus-fuelled 'Zoom Fatigue' Bites

Middle East Business News - Published date: .

Analysts say rumours of the demise of the traditional office space appear to have been greatly exaggerated Read more

Dubai FDI Continues Investment Push Online Amid Pandemic

Middle East Business News - Published date: .

A total of 34 webinars have been scheduled in 13 markets to woo investors through the end of the year Read more

Bahrain To Add $470m Into Budget To Address Covid-19 Economic Impact

Middle East Business News - Published date: .

Emergency funding has been announced by King Hamad bin Isa Al Khalifa Read more

Saudi Arabia Spends $57bn To Soften Economic Blow Of Covid-19

Middle East Business News - Published date: .

Over 650,000 people have directly benefited from the measures, according to the kingdom's Ministry of Finance Read more

Dubai Business Conditions Show Signs Of Improving As City Emerges From Lockdown

Middle East Business News - Published date: .

IHS Markit's Purchasing Managers' Index said output grew for the first time in four months at 'a solid rate' Read more

UAE's Network International Plans Saudi Expansion Post-Covid

Middle East Business News - Published date: .

The company expects yearly revenues to be down 17% to 20% in the 2020 fiscal year Read more

Rakbank Reduces Credit Card Limit To AED5,000 As Covid-19 Bites

Middle East Business News - Published date: .

The bank saw a 43% drop in profit in Q1 and said the limit cap is part of its risk monitoring activity Read more

Dubai Healthcare City Authority Reveals Business Relief Package

Middle East Business News - Published date: .

Package designed to reduce financial impact of Covid-19 pandemic Read more

$1m Equity-free Grant Launched To Support Struggling Start-ups Amid Covid-19

Middle East Business News - Published date: .

Fund by Sharjah-based Sheraa will replace budget for its annual events which have been cancelled in line with safety mea... Read more

Oman Tells Banks To Free Loan Repayments For Three-months

Middle East Business News - Published date: .

The decision will come into effect in May. Read more

World Bank Warns Remittance Payments To Plunge Amid Pandemic

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Remittance flows are expected to fall 19.6% from Middle East and North Africa Read more

MPs In Lebanon Approve $120m Loan From World Bank To Fight Covid-19

Middle East Business News - Published date: .

Three-day parliament sitting held in Beirut conference hall amid anti-government protests outside Read more

Bahrain Announces 30% Budget Cuts, Projects Rescheduled

Middle East Business News - Published date: .

It has also been agreed to reschedule a number of construction and other projects to meet emergency costs of curtailing ... Read more

Emirates NBD's Q1 Profit Drops As It Sets Aside $700m In Covid-19 Provisions

Middle East Business News - Published date: .

Emirates NBD, Dubai's largest bank, reported a 24% drop in its first-quarter profit Read more

Emirates Airline Said To Seek Billions In Loans, In Addition To Govt Support

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Dubai government last week to shield the Emirates airline with new equity Read more

Covid-19: Bahrain To Support 100,000 Citizens In Private Sector With $570m Relief Package

Middle East Business News - Published date: .

Employers can apply for assistance for the aid via an online portal that has been launched Read more

Coronavirus: Abu Dhabi Announces $4.1bn Tenders For Local Businesses

Middle East Business News - Published date: .

Abu Dhabi Local Content programme includes 1,244 tenders, aimed at boosting productivity and strengthening supply chain... Read more

Video: India Is Promised $1 Billion To Fight Covid-19 Pandemic As Deaths Rise

Middle East Business News - Published date: .

The World Bank has pledged one billion dollars to India to help tackle the coronavirus pandemic there. The city of Mumba... Read more

Abu Dhabi Commercial Bank Requests NMC Be Placed In Administration

Middle East Business News - Published date: .

Embattled NMC has said such a move would endanger lives during coronavirus pandemic Read more