#Covid-19

saudi arabia riyadh

Saudi bank earmarks $2.4bn to help small businesses

The funds will be used to support 6,000 businesses in their financing needs

Kuwait’s Jazeera Airways slashes workforce to cut costs on virus

The company has about $100m in cash reserves and isn’t currently talking to banks about financing or seeking government aid

Message from the top: Hamad Buamim, president and CEO, Dubai Chamber of Commerce & Industry

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

How coronavirus will forever change airlines and the way we fly

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

UAE fuel delivery service Cafu registers around 40% increase in orders as lockdown eases

The increase has been attributed to a behavioural change among users, with an increasing number of customers opting for contactless service options

GCC Covid-19 update: Saudi registers 1,351 infections; UAE reports 552 cases

The death toll in the UAE and Saudi Arabia has risen to 105 and 162 respectively

Webinar: Investing during the current Covid-19 crisis – Century Financial Dubai

While there remain pockets of opportunity, investors should ensure they have sufficient liquidity right now, stresses Vijay Valecha, chief investment officer at Century Financial  

Beyond the Covid-19 crisis: In conversation with Joey Ghazal, founder, The Maine Oyster Bar & Grill

Gulf Business Academy trainer Mark Dickinson speaks to Joey Ghazal on life after the crisis

Abdul Aziz Al Ghurair launches Covid-19 fund for refugee education

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

Why Covid-19 is leading to a digital transformation in healthcare

The pandemic will prompt authorities to re-examine the robustness of their healthcare systems, says Damien NG, PhD, Next Generation Research at Julius Baer

sharjah airport

Registration opens for Indians in the UAE seeking to return home

Officials said the decision on resumption of passenger flights to India “will be taken in due course”

coronavirus

UAE reports 549 new Covid-19 cases, says none of those recovered have been re-infected

The death toll has now risen to 98

GCC Covid-19 update: Saudi reports 1,325 new cases; Kuwait death toll rises

Since the outbreak, Saudi Arabia has reported 21,402 Covid-19 cases, while in Kuwait, 3,740 people have contracted the virus

Prince Alwaleed

Alwaleed Philanthropies allocates $30m to combat 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

Saudi banks act in unison to reassure investors on oil and virus

Lenders warned that it’s still too early “to determine the size and extent of the financial impact at this stage”

Dettol pledges $1m to support frontliners in Saudi Arabia

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

Abdul Hamied Ahmed Seddiqi

Ahmed Seddiqi family donates Dhs10m to Covid-19 medical research in the UAE

Dubai-headquartered Ahmed Seddiqi & Sons are one of the world’s biggest luxury watch and jewellery retailers

Saudi mall operator Arabian Centres to reopen 20 shopping centres this week

The kingdom has allowed malls in most regions to reopen during Ramadan

UAE Covid-19

GCC Covid-19 update: UAE reports 541 cases, 7 deaths

The total number of Covid-19 cases in the UAE has now spiked to 11,380

UAE PR firm Atteline offers pro-bono consultations amid virus pressures

As much as 60 per cent of Atteline’s client base consists of home-grown regional brands

Dubai to raise bonds privately to bolster finances

The emirate raised Dhs1bn through a private placement of eight-year Islamic bonds at a rate of 4.71 per cent earlier this month

Burj Khalifa[2] dubai

Dubai likely to start opening up for tourists in July

The reopening will likely start gradually and could be delayed until September, depending on global trends

Dubai’s Hala service partners with Sweetheart Kitchen to offer free meals

Over 500 three-course meals will be provided to Hala captains via the initiative

doctors

UAE reports 490 new Covid-19 cases, 6 deaths

Since the outbreak, the country has reported a total of 10,839 Covid-19 cases

coronavirus

GCC Covid-19 update: Saudi reports 1,289 cases

Saudi Arabia has reported a total of 18,811 Covid-19 infections since the outbreak

Google reveals how Covid-19 has impacted mobility in the GCC

The average mobility reduction for the GCC region during Q1 2020 was 34.1 per cent

Egypt asks IMF for financial aid amid coronavirus fight

Egypt has reported 4,319 cases of the coronavirus, including 307 deaths

How businesses will reinvent themselves in the wake of the Covid-19 pandemic?

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

Abu Dhabi’s main refinery makes China sales push after servicing

Prior to the pandemic, the plant had been mostly targeting Europe for sales of low-sulfur diesel and jet fuel

Bahrain launches virtual mall with 100 stores amid Covid-19 concerns

The government-run website showcases products from over 100 local businesses