Impact Of Coronavirus


UAE Commodities Firm Shuts Trading Desks After Coronavirus Blow

Middle East Business News - Published date: .

Sources say GP Global Group decided to stop trading commodities from energy to agriculture after banks withdrew credit l... Read more

Oman Offers Emergency Interest-free Loans For Firms Hit By Virus

Middle East Business News - Published date: .

The Gulf nation has already trimmed its budget spending and announced liquidity support 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

Middle East Business News - Published date: .

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

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

Middle East Business News - Published date: .

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

Kuwait's Stimulus Package Offers $16.5bn In Additional Lending, KBA Chairman

Middle East Business News - Published date: .

Adel Al-Majed has said the global crisis posed by coronavirus is worse than the financial meltdown of 2008 Read more

NBA Suspends Season After Player Tests Positive For Covid-19

Sports and Eneterainment - Published date: .

NBA said it will use this hiatus to determine next steps for moving forward in regard to the coronavirus pandemic Read more