#Europe

Qatar wealth fund plans Asia push to diversify from Europe, US

The wealth fund holds stakes in some of the world’s top companies

Covid-19 impact: How the pandemic wreaked havoc on airlines in 2020

Even with a vaccine that may bring back air travel around the corner, carriers face a desperate few months

Saudis raise crude price to Asia as vaccines buoy oil market

Aramco also increased pricing for light crude grades to the Mediterranean region

Global bank job cuts reach five-year high

The total number of positions that have been eliminated has reached 85,540 globally

Dubai’s Emirates to resume flights to 5 more cities

The carrier’s global network will grow to 99 destinations

HSBC shares fall to 25-year low on China fears, banks report

Europe’s largest bank has been named as a possible candidate for China’s “unreliable entity list”

Dubai’s Emirates to resume flights to Stockholm from August 1

The airline’s passenger network will broaden to 63 destinations in August

Dubai’s Emirates to resume flights to four more cities

The carrier’s passenger network will grow to 62 destinations in August

Visa commits $210m to support small and micro businesses, offer Covid-19 relief

Small and micro businesses make up more than 90 per cent of worldwide businesses, contributing 50 to 60 per cent of global employment

Saudi mulls granting visa-free access to visitors from certain nations

Last week, Saudi Arabia’s cabinet approved electronic visas for foreign visitors to attend sporting events and concerts

The End Of The GCC Monetary Union?

The idea of a joint GCC currency now looks even more distant, writes Mark McFarland, chief investment strategist, Emirates NBD Private Banking.