These are some of the biggest trends set to shape the region post pandemic, according to LinkedIn
More than 140,000 eligible customers have already benefited from the TESS liquidity facility
The rate of infections in the last three weeks has fallen considerably while the rate of recoveries has increased
The investment firm could raise more than $3bn through a five-year loan
It contributed 9.9 per cent to Dubai’s GDP in 2018
The country has a pipeline of federal infrastructure projects worth Dhs20bn
Non-oil growth is projected to contract by 4.1 per cent in 2020 due to the adverse implications of Covid-19
The top five destination countries for remittances were India, Pakistan, Philippines, Egypt and the US
Mosques in the country have been closed for the last three months due to the coronavirus pandemic
Lawmakers are also calling for limiting the duration of residence for foreign workers in the country
As the Covid-19 pandemic continues to wreck economies across the world, how are the main pillars supporting the GCC’s economy holding up?
Foreigners account for nearly 3.4 million of Kuwait’s 4.8 million people
Regional governments must undertake key measures to ensure a renewed and sustained approach to economic recovery
Any establishment that does not comply with the midday work ban will face a fine of Dhs5,000 per worker
The next six to nine months will be “tough” for the aviation industry
Mosques across the country are expected to reopen later this week
A sale could happen as soon as this week and proceeds will be used for general budgetary needs, sources said
Domestic flights are also allowed to resume in the kingdom
The measures include a 50 per cent reduction in the fees to register suppliers
The programme will begin at 10pm across the UAE except in Dubai, where it will start at 11pm
The decision to increase the number of employees will be reviewed weekly based on the prevailing health conditions
Partial restrictions are expected to remain in place
The virtual meeting was attended by representatives from the city’s aviation and hospitality sectors
Producers have lowered global oil supply by around 14-15 million barrels a day
There will be no restrictions on movement between 6am and 11pm
Employment across the GCC could fall by around 13 per cent due to the impact of the coronavirus
As the pandemic forced factories all over the world to shutter and people to stay home, the global economy has plummeted and oil prices have dropped by almost half since the start of the year
The country has also announced new timings for malls starting from Wednesday
Oman has resorted to spending cuts to stabilise public finances
Bullion has surged 16 per cent this year as the spread of the virus curbed economic growth