 Oil plunges to 17-year low on coronavirus demand crisis, Saudi-Russia price war Oil slumped to a 17-year low as coronavirus lockdowns cascaded through the world’s largest economies, leaving the market overwhelmed by cratering demand and a ballooning surplus of crude.Futures in more Oil plunges to 17-year low on coronavirus demand crisis ... 3/30/2020 9:33:00 AMAl Arabiyah |
Dubai property group Limitless hires advisers to work on restructuring: Document Dubai-based property developer Limitless told its creditors last week that it is looking to appoint legal and financial advisers to work on a financial restructuring plan, a company document seen by more Dubai property group Limitless hires advisers to work o ... 3/29/2020 6:05:00 PMAl Arabiyah |
DAMAC reports $10 million loss for 2019 as Dubai real estate prices fall DAMAC Properties has reported a 37 million UAE dirham ($10.01 million) loss for 2019 as the Dubai real estate market softened throughout the year, according to the company’s results. Revenue for the more DAMAC reports $10 million loss for 2019 as Dubai real e ... 3/29/2020 5:09:00 PMAl Arabiyah |
Dubai property prices are falling to 2010 levels amid coronavirus crisis: S&P The widening coronavirus pandemic could see Dubai property prices falling to levels last seen 10 years ago, according to S&P Global Ratings.“We believe real estate prices are approaching levels seen more Dubai property prices are falling to 2010 levels amid c ... 3/29/2020 1:36:00 PMAl Arabiyah |
Saudi Arabia to continue uninterrupted Indian LPG supply: India oil minister India’s oil minister said on Sunday that he had discussed global oil market developments with Saudi Energy Minister Prince Abdulaziz bin Salman and Aramco’s Chief Executive Amin Nasser as well as more Saudi Arabia to continue uninterrupted Indian LPG suppl ... 3/29/2020 11:30:00 AMAl Arabiyah |
Coronavirus: Egypt’s banks told to limit withdrawals and deposits Egypt’s central bank said on Sunday it has instructed banks to put limits on daily withdrawals and deposits of 10,000 Egyptian pounds ($636.94) for individuals and 50,000 pounds for companies amid more Coronavirus: Egypt’s banks told to limit withdrawals an ... 3/29/2020 11:12:00 AMAl Arabiyah |
Coronavirus: Dubai announces economic stimulus for free zones Dubai announced an economic incentive package for its free zones on Saturday in the light of “exceptional circumstances” related to the coronavirus pandemic.The measure consists of five parts, more Coronavirus: Dubai announces economic stimulus for free ... 3/29/2020 9:08:00 AMAl Arabiyah |
UK broadband providers lift data caps during coronavirus crisis Britain’s big telecoms providers have agreed to remove all data caps on fixed-linebroadband services that have become a lifeline for people isolated at home during the coronavirus crisis, the more UK broadband providers lift data caps during coronaviru ... 3/29/2020 6:54:00 AMAl Arabiyah |
Russia’s Rosneft terminates Venezuela operations, sells assets Russia’s largest oil producer, Rosneft, said on Saturday it had terminated operations in Venezuela and disposed of its assets relating to its operations there.The company said it was selling its more Russia’s Rosneft terminates Venezuela operations, sells ... 3/28/2020 11:34:00 PMAl Arabiyah |
Pipeline firms ask Texas producers to cut oil output, storage low: Regulator Texas producers are beginning to receive requests from pipelines to reduce output as storage begins to run low, according to a tweet from Texas Railroad Commissioner Ryan Sitton.Oil exporters are more Pipeline firms ask Texas producers to cut oil output, s ... 3/28/2020 7:39:00 PMAl Arabiyah |
Modern life under threat, COVID-19 biggest shock in 'nearly a century:' McKinsey The coronavirus pandemic has brought modern life and livelihoods under threat, and the shock of efforts to contain the virus, including country-wide lockdowns and border closures, “could be the more Modern life under threat, COVID-19 biggest shock in 'ne ... 3/28/2020 6:03:00 PMAl Arabiyah |
Modern life under threat, COVID-19 biggest shock in ‘nearly a century:’ McKinsey Measures to contain the coronavirus pandemic have caused the biggest shock to modern life in almost a century and the ensuing economic collapse will outstrip any since World War Two, according to more Modern life under threat, COVID-19 biggest shock in ‘ne ... 3/28/2020 6:03:00 PMAl Arabiyah |
