Tag: COVID-19 Effect
Marriott expects faster recovery as bookings rise gradually
As the number of bookings gradually recover, Marriott International said that it expects the year's cash burn to be slower than previous forecasts.
The pandemic...
Flexible workspaces becoming critical in a mid-pandemic world
In the UAE, a younger and more agile workforce is paving the way for companies to re-examine their traditional offices and the idea of...
Uber rides hammered by the pandemic; food delivery business doubles
In the second quarter, the homebound customers more than doubled their orders from Uber’s food-delivery service while demand for its ride-hailing services witnessed only...
World Food Price Index rises again in July indicating recovery
World food prices increased in July, led by vegetable oils, dairy products, and sugar, the food agency of the United Nations said today.
This...
We were in a robust position when COVID-19 hit: Etihad Chief
UAE's national airline, Etihad Airways said that its first-quarter results showed a rise of 34% year-on-year and the airline "progressed well ahead of its...
COVID reduced deodorant demand, increased for Icecream: Unilever
Consumer goods giant Unilever has reported that demand for its personal care items like deodorant and makeup has decreased as people are engaging in...