Tag: COVID-19 Impact
Global construction sector to grow 5.7% in 2021 despite pandemic hit;...
UK-based data analytics and consulting company, GlobalData in its latest report revealed that the growth in global construction output will reach 5.7 percent this...
Global startup funding hit $156 billion in Q2 2021; Report
The global startup funding surged 157 percent between the second quarter (Q2) of 2020 and Q2 2021 from $60.7 billion to a record $156.2...
Apple pushes back return to offices with the rise in COVID-19...
The US-based technology giant Apple is delaying its return to office deadline by at least a month to October at the earliest, because of...
53% of global population will rely on digital banking in 2026;...
In 2026, the number of digital banking users will reach more than 4.2 billion from 2.5 billion in 2021, which equals 53 percent of...
S&P cuts Kuwait’s credit rating to A+ from AA- on lack...
Credit rating agency S&P Global Ratings has downgraded Kuwait’s rating for the second time in less than two years citing the Gulf state’s lack...
Saudi’s economy to grow 2.4% in 2021 driven by non-oil sector;...
Saudi Arabia’s immediate response to the COVID-19 pandemic has cushioned the impact on the economy which is now projected to grow by 4.3 percent...
Top Banking CEOs pivot to customer experience & data security; KPMG
The latest quarterly Banking Pulse report from global audit, tax and advisory services giant KPMG has thrown some insights into the minds of the...
Dubai is a key player in the global tourism recovery; Sheikh...
Dubai’s tourism sector has led its rebound path successfully despite the challenges created by the COVID-19 pandemic. While marking a year of reopening its...