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Tuesday, 7 July 2020

Investment opportunities exist in Covid-19 crisis, insists Ithmar Capital founder

Faisal Bin Juma Belhoul said the current economic turmoil is 'deja-vu' from time of financial crash
Saudi central banker says 'too early' to call recovery V-shaped
Ahmed Alkholifey said some foreign banks have delayed opening in the kingdom because of the virus
UAE's Network International plans Saudi expansion post-Covid
The company expects yearly revenues to be down 17% to 20% in the 2020 fiscal year

UAE says Covid-19 spike due to 'negligence', as it reveals plan to complete 2 million tests

Spike in cases over weekend blamed on 'negligence' from individuals failing to adhere to guidelines
Kuwait's budget crunch may push it to tap fund for life after oil
Lawmakers are rejecting attempts to cut citizens' salaries and subsidies though, which account...
Bahrain's Al Waha Fund of Funds makes 'substantial' investment in UAE-based Shorooq
Shorooq Partners focus on early-stage tech startups in the FinTech, software and tech-enabled...

HP setting the tone for sustainability

Global manufacturer proving saving the environment can also have savings on the bottom line
Saudi Arabia approves 3-month free extension for expat visas
Expired residency permits, as well as exit and re-entry visas for expats, are included in the...
Carlos Ghosn's accused escape plotters tap lobbyists over extradition
The Taylors have been jailed outside Boston since mid-May, when US authorities arrested them at...

Dubai's Arabtec Holding appoints new chairman

Al Rumaithi is replaced at the helm of UAE building giant by Waleed Ahmed Al Mokarrab Al Muhairi
Photos

In pictures: All-new Bentley Bentayga luxury SUV

New Bentayga is characterised by the introduction of a wealth of new, innovative and...
Videos

Video: Why isn't there one unified sign language in the Middle East region?

There are approximately 72 million deaf people worldwide, using more than 300 different sign...
Editor's Choice

MENA startup funding rises 35%, with majority raised in the UAE

According to a new report from Magnitt, the full impact of the Covid-19 pandemic has yet to be felt
Dubai's KHDA issues detailed school reopening plan
Among measures, all students over six and staff members to wear face masks at all times
Air Arabia Abu Dhabi to start operations on July 14
Air Arabia Abu Dhabi's first flights will be to Egypt Alexandria and Sohag in Egypt
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Editor, ArabianBusiness.com
neil.halligan@itp.com
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