covid-19 impact
Dubai Gov't Offers $2bn Aid To Emirates Amid Coronavirus Impact
Middle East Business News - Published date: .
Bond prospectus shows extent of government support to airline over the past five months after coronavirus brought global... Read more
Deflation Set To Linger Across Gulf Economies
Middle East Business News - Published date: .
Downswing in oil is another challenge for the region's $1.6trn economy, putting it on course for what could be its worst... Read more
UAE's Network International Reveals 15.3% Drop In Middle East Revenues For H1
Middle East Business News - Published date: .
Covid-19 lockdowns and reduced customer spending saw company report $150,000 loss for half year Read more
Shuaa Capital Reports $72m Profit For Q2
Middle East Business News - Published date: .
Shuaa said its operating businesses, asset management and investment banking showed a strong recovery in profitability i... Read more
Bahrain's Investcorp Posts $165m Loss, Targets 50% AUM Growth
Middle East Business News - Published date: .
Investcorp 'committed to advancing our growth strategy and reaching $50 billion in AUM over the medium term' Read more
Dubai School Operator GEMS Raises Extra Debt To Bolster Its Cash
Middle East Business News - Published date: .
GEMS said the 'incremental' funding will be used to support working capital needs Read more
Dubai Investments Reports 42% Drop In Half Yearly Profits
Middle East Business News - Published date: .
Dubai Investments revealed H1 profits decreased to $55.78m as a result of Covid-19 impact Read more
JPMorgan Sees Virus Fallout Stoking Middle East Deals Into 2021
Middle East Business News - Published date: .
The first six months saw $72 billion of bond issuance from the region, the busiest start yet Read more
Mashreq Reports Drop In First-half Profit Amid 'tough Operating Environment'
Middle East Business News - Published date: .
Covid-19 pushed the impairment allowances to increase in the second quarter of 2020 massively affecting half yearly prof... Read more
Emirates NBD Reports 45% Slump In Profit After $1.1bn Provisions
Middle East Business News - Published date: .
Emirates NBD continues to have a good underlying operating performance, said CFO Patrick Sullivan 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