Du unable to monetise on increased traffic amid lockdown

Dubai: Two and a half months ago, when Johan Dennelind took over as the new chief executive officer of du, the world looked very different. Dubai was prepping to host Expo 2020, and despite some geopolitical challenges, the economic outlook was positive. Today, Dennelind is facing arguably one of the decade’s biggest economic and social […]

G20 vows to spur recovery in virus-hit tourism sector

Riyadh:  G20 nations pledged Friday to cushion the economic blow of the coronavirus pandemic on global tourism, one of the hardest-hit industries in which millions risk losing their jobs. COVID-19 lockdowns have pounded international tourism, which is estimated to see a 45 percent decline this year according to the Organization for Economic Co-operation and Development […]