Tag: COVID-19 Impact
New EY survey reveals COVID-19 driven pivot in GCC consumer behavior
A recent survey by one of the largest professional services networks in the world, EY has revealed that GCC residents are interested in saving...
Current economic fallout softer than anticipated: OCED
Global intergovernmental economic organization for economic progress and world trade, the Organisation for Economic Co-operation and Development (OCED) has shared a promising economic review...
Dubai real estate on V-shaped recovery; Industry Experts
Reports suggest that sales transactions on the property market in Dubai are experiencing a V-shaped recovery with ready-to-move-in homes taking the lead.
Sales in August...
Airlines can’t wait for a COVID vaccine; IATA medical advisor
Dr. David Powell, chief medical adviser of global trade association airlines, International Air Transport Association (IATA) has opined that the airline industry can’t afford...
Fear of contagion expedites UAE into a cash-less economy
The rising fear in handling cash in the light of pandemic is expected to shoot up the global contactless transactions to $8.26 trillion within...
ACI adds Hygiene Award for airports as aviation adapts to COVID...
Adapting to the changing landscape driven by COVID-19, a global non-profit organization representing the world's airports, Airports Council International (ACI) World has introduced a...
GCC real estate consolidation likely along with cost cuts; Industry Sources
As the downturn caused by the coronavirus pandemic continues, industry sources suggest that real estate developers in the Gulf Cooperation Council (GCC) region are...
UAE consumer behavior sees a seismic shift triggered by COVID-19: VISA...
The latest global Back to the Business study conducted by payment technology giant Visa reveals a dramatic shift to digital commerce in response to...
