Tag: COVID-19 Crisis
Saudi NDF pours more than $7.5bn as COVID-19 relief to aid...
The Saudi Arabia National Development Fund (NDF) has supported the local economy with $7.5 billion, as COVID-19 introduced many unprecedented economic consequences for the...
From Stable to Positive; S&P Global Ratings upgrades Oman’s Outlook
S&P Global Ratings, an American credit rating agency revised its outlook on Oman to Positive from Stable citing higher oil prices and fiscal reform...
Bahrain awards $3.4bn worth tenders & contracts in H1 2021
Bahrain has awarded 1,070 tenders and auctions worth $3.42 billion in the first half (H1) of 2021, despite the terrible economic conditions induced by...
Arab Trade Finance Program offers $57mn financial aid to Tunisia
The Arab Trade Finance Program (ATFP) has announced $57 million of direct financing for Tunisia to invest in commercial operations, boost the country's economic...
Rolls Royce records profits supported by low costs and asset sales
Rolls-Royce, the British luxury car and aircraft engine maker, recovered to profit in the first half of the year and is considered to be...
Samsung sees strong chip, handset demand as Q2 profit rise
Samsung Electronics, the world's biggest smartphone maker's net profits surged to more than 70 percent in the second quarter due to strong demand for...
Women to re-gain 13mn less jobs than men post-pandemic; ILO
Inequalities between men and women in the workplace would endure in the foreseeable future aggravated by the COVID-19 pandemic, according to the International Labour...
Dubai customs relaunches iDeclare app to ease its procedures
H.E Ahmed Mahboob Musabih, Director General of Dubai Customs announced that airport customs has shifted its customs services and procedures to a more secured...
