March 2020

Directed by Abu Dhabi Crown Prince Mohamed bin Zayed, Abu Dhabi Executive Council revealed a total of 16 new initiatives Source: Arabian Business Industry News (ITP.NET)

Both emirates announce new measures to fight the spread of new coronavirus Source: Arabian Business Industry News (ITP.NET)

Central banks across the Gulf have cut borrowing costs following the US Fed’s unexpected move to lower its benchmark interest rate to near zero Source: Arabian Business Industry News (ITP.NET)

Monday’s slide was led by the UAE bourses of Abu Dhabi and Dubai, both trading at multi-year lows Source: Arabian Business Industry News (ITP.NET)

IATA figures show impact of disruption to global supply chains and weak global trade, together with airline restructuring in the region Source: Arabian Business Industry News (ITP.NET)

Dubai’s Department of Economic Development said inspections will be carried out to verify compliance Source: Arabian Business Industry News (ITP.NET)

Capital expenditure will be between $25 billion and $30 billion in 2020 and the spending plans for next year and beyond are being reed, Aramco said Source: Arabian Business Industry News (ITP.NET)

Gulf health ministers held an emergency meeting on Saturday to discuss the coronavirus outbreak Source: Arabian Business Industry News (ITP.NET)

Jahanpour also reported 1,209 new confirmed cases of Covid-19 infection, raising the total to 13,938 Source: Arabian Business Industry News (ITP.NET)

In the latest episode of the Arabian Business Enterprise Innovators Series, in association with UPS, we look at what the key technological challenges and opportunities are for the UAE as it aims to lead the region in 5G connectivity. Source: Arabian Business Industry News (ITP.NET)