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Coronavirus Impact: IMF Could Reduce Global Economic Growth Forecast

Kristalina Georgieva, Managing Director – International Monetary Fund (IMF), has warned of serious effects on the world economy if the Wuhan coronavirus outbreak (COVID-19)...
UAE women equality

Gender Parity In MENA Could Mean $600bln more for Global GDP: Ivanka

Ivanka Trump, advisor to the United States President, today lauded UAE leadership’s efforts to close the gender gap and added that continuing to empower...
Buna platform

Emirati Dirham included in Buna payment platform

The Emirati Dirham (AED) has been included in the soon to be launched Buna, a multi-currency payment platform affiliated with the Arab Monetary Fund. The...
UAE non oil

Slippery Slope for UAE’s Non-oil Private Sector amid Business Decline

The first few months of 2020 seem to have brought in some not so good news for the job market in UAE as a...

‘STC’s Vodafone Egypt Acquisition Credit Negative If Debt-Funded’

A Moody’s report has said that Saudi Telecom Company’s (STC) acquisition of Vodafone Egypt would be credit negative if the transaction is fully debt-funded,...
Blockchain platform

New Blockchain Platform Aims to Improve UAE Smart Health Services

The Ministry of Health and Prevention (MoHAP) recently launched an advanced digital platform that aims to raise the efficacy of the ministry and other...

Etihad Enters $1bln Aircraft Sale Deal with KKR, Altavair

Etihad Airways has signed an agreement with KKR, a leading global investment firm, and Altavair AirFinance (“Altavair”), a leader in commercial aviation finance to...
driverless vehicles

Want To Test Autonomous Vehicles in Dubai? Here’s The Legal Roadmap

Dubai wants its roads to be on autonomous mode by 2030 and as directed by His Highness Shaikh Mohammed Bin Rashed Al Maktoum, Vice...

Coronavirus outbreak could impact oil output as OPEC+ mulls more cuts

The coronavirus (nCoV) outbreak might spill over to impact oil demand with OPEC (Organization of the Petroleum Exporting Countries) and its allies mulling another...

Dubai Tourism, Dubai Land Department ink strategic pact

Dubai Tourism and Dubai Land Department have joined hands to promote Dubai’s real estate and tourism sectors. Both entities signed a Memorandum of Understanding...