Tag: Economy
ADNOC to expand in-country value program to support post-COVID economic growth
UAE's state-owned oil firm Abu Dhabi National Oil Company (ADNOC) is reportedly expanding its in-country value (ICV) program to encourage post-COVID economic development in...
Bahrain keen to focus on economic recovery before budget boosting measures
Bahrain could extend the duration of support measures to help businesses cope with the coronavirus impact after deploying the Gulf region's biggest stimulus relative...
UAE economy could benefit from sustained weakness of US dollar
The recent losing streak of the US dollar brings optimism for the non-oil sectors of the UAE, but the impact of COVID-19 may restrict...
Global remittances remain steady despite COVID-19: EFG Hermes
Global remittances remained resilient in the months following the COVID-19 outbreak even amidst the amid job losses and declining wages, according to the Egypt...
Industrial sector is critical for economy; Ajman Chamber
The Ajman Chamber of Commerce and Industry (ACCI) organized a panel discussion under the title 'Manufacturing and Mining Industry' to enhance services for the...
More opportunities in new economy driven by COVID-19: GCC executives
In the wake of the coronavirus pandemic, the opportunities in the new economy are much higher than before in the region and those with...
“Unemployment, diseases top concern for business leaders:” WEF Report
According to the World Economic Forum (WEF), the Geneva-based global NGO, unemployment and infectious diseases are the top concerns for business leaders across the...
World Bank’s alert: Asia to witness slowest economy growth in 50...
The World Bank, in an economic update, opined that the pandemic is likely to pull down the growth of East Asia and the Pacific...
