Demand for crude is set to drop by 8.1m bpd in 2020 marking the largest decline in history
Global oil demand is not expected to recover until 2022, the International Energy Agency said in its latest oil market report.]
Demand for...
The BOJ kept monetary settings steady, signalling that it has taken enough steps to support growth for now
A man wearing a protective mask walks past the headquarters of the Bank of Japan. The Japanese central bank has increased the...
The two Muscat-based lenders are set to proceed with a deal to create an institution with a combined asset base of over 3.2bn rials
Oman Arab Bank (OAB) will acquire the entire issued share capital of the Muscat-based Alizz Bank...
The combination of fiscal and monetary policy has rallied risk appetite and seen equities move higher
Over the past two weeks, the Dow Jones rallied to 27589, which meant the entire coronavirus sell-off was recovered in early June. Markets were...
They should head back to some semblance of normal within two years
Abu Dhabi: Oil production limits adopted by a group of major crude suppliers will soon bring prices back to "normal", according to the UAE energy minister.
When markets were...
Reaching out to resident consumers and delivering beyond expectations matters most
Luxury retailers in the UAE need to alter course slightly... until foreign shoppers turn up, they have to double down on getting their resident clients to keep buying.
With global...
If all this adds up to ensuring a business thrives, it's worth losing a few privileges
These days, with job losses mounting, losing a few privileges does seem a small price to pay. More so, if it ensures that business...
Failure to comply will even lead to bans for erring passengers
It's best to have it on... US carriers are not willing to go easy on passengers who turn up without the masks.
New York: United Airlines Holdings Inc. will ban...
Tenants are offering documents to show how COVID-19 has impacted their income, jobs
The coming weeks will show up the full extent of COVId-19's impact on residential rents. Landlords' offices are piling up with requests for some sort of relief...
The entities will explore opportunities to offer insurance, reinsurance, co-insurance services for the export of goods to a third country
Jebel Ali Port. Etihad Credit Insurance has signed an agreement with  Bpifrance Assurance Export to strengthen trade and economic cooperation between...
