As companies across the GCC tackle the challenges posed by the Covid-19 pandemic, regional business leaders reveal insights on what their organisations are doing and offer advice on how to deal with the current crisis
The funds will be used to support 6,000 businesses in their financing needs
The company has about $100m in cash reserves and isn’t currently talking to banks about financing or seeking government aid
In a matter of months, the coronavirus reset the clock on a decades-long aviation boom that’s been one of the great cultural and economic phenomena of the postwar world
The increase has been attributed to a behavioural change among users, with an increasing number of customers opting for contactless service options
The death toll in the UAE and Saudi Arabia has risen to 105 and 162 respectively
While there remain pockets of opportunity, investors should ensure they have sufficient liquidity right now, stresses Vijay Valecha, chief investment officer at Century Financial
Gulf Business Academy trainer Mark Dickinson speaks to Joey Ghazal on life after the crisis
The fund focuses on refugees living in overcrowded camps, informal tent settlements and congested host communities where access to online education is currently out of reach
The pandemic will prompt authorities to re-examine the robustness of their healthcare systems, says Damien NG, PhD, Next Generation Research at Julius Baer
Officials said the decision on resumption of passenger flights to India “will be taken in due course”
The death toll has now risen to 98
Since the outbreak, Saudi Arabia has reported 21,402 Covid-19 cases, while in Kuwait, 3,740 people have contracted the virus
The funds follow Prince Alwaleed’s move to make available many of his assets to support the kingdom’s efforts against the pandemic
Lenders warned that it’s still too early “to determine the size and extent of the financial impact at this stage”
Dettol’s commitment will come in the form of half a million hygiene and cleaning products that will be used to support frontline health workers throughout the country
Dubai-headquartered Ahmed Seddiqi & Sons are one of the world’s biggest luxury watch and jewellery retailers
The kingdom has allowed malls in most regions to reopen during Ramadan
The total number of Covid-19 cases in the UAE has now spiked to 11,380
As much as 60 per cent of Atteline’s client base consists of home-grown regional brands
The emirate raised Dhs1bn through a private placement of eight-year Islamic bonds at a rate of 4.71 per cent earlier this month
The reopening will likely start gradually and could be delayed until September, depending on global trends
Over 500 three-course meals will be provided to Hala captains via the initiative
Since the outbreak, the country has reported a total of 10,839 Covid-19 cases
Saudi Arabia has reported a total of 18,811 Covid-19 infections since the outbreak
The average mobility reduction for the GCC region during Q1 2020 was 34.1 per cent
Egypt has reported 4,319 cases of the coronavirus, including 307 deaths
Lack of labour availability, disrupted supply chains and other impacts will require serious appraisal if organisations are to effectively deliver their reshaped services to customers
Prior to the pandemic, the plant had been mostly targeting Europe for sales of low-sulfur diesel and jet fuel