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Wednesday, October 21, 2020

Oil Demand to Fall by 9.1 million barrels Daily in 2020 – OPEC

Lower economic activity levels will see oil demand dropping by 9.1 million barrels per day according to OPEC's latest monthly report, as...
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Saudi: ‘The District Al Faisaliah’ Enters Second Phase

The second phase construction of The District Al Faisaliah project in Saudi Arabia’s Olaya District has started, the developer, Al Khozama Company,...

Beirut Salam: Sheikh Sultan Beckons Arabs; Solicits Lebanon’s Solidarity

In a passionate plea made on Tuesday, at the launch of ‘Salam Beirut’, emergency aid and relief campaign from Sharjah, Sheikha Jawaher...

Indian Expatriate found Dead in His Dubai Home

A 40-year-old Indian expatriate was found dead in his room in Dubai on Sunday, the younger brother and cousin of the deceased...

COVID-19: UAE to Carryout ‘Flexible’ Economic Revitalisation Plans

In furtherance of the UAE's economic relief measures, the UAE Ministry of Economy is to implement a "flexible package and plan" to support...

Beirut Bombing: Nearly 50 people Died, Over 2,750 Injured – Health Minister

Two massive explosions hit Beirut on Tuesday, leaving many injured and killing hundreds of people, strewing devastation across multiple neighborhoods and shattering...

COVID-19: UAE Record Another 239 New Cases, 360 Recoveries

The latest report has it that UAE confirmed 239 new coronavirus cases and 360 recoveries on Sunday. No deaths were reported.

GCC: Government Funding Deficits May Rise Above $180b in 2020

Government funding deficit across the Gulf Cooperation Council, GCC is expected to rise above $180 billion in 2020 due to low oil...

Over 70,000 Use Dubai Police Financial Crime Status Service

The Dubai Police has claimed its online service that helps individuals check their status in a financial case registered against them has...

UAE Residents’ Personal Wealth Skyrockets to $400 billion

The Boston Consulting Group, BCG has claimed Personal wealth held by UAE residents surged to $400 billion between 2014 and 2019, with...