Oman weighs seeking financial aid from gulf countries

Oman has discussed the possibility of financial aid with other Gulf states to help it cope with the economic impact of the coronavirus pandemic and low oil prices, according to two officials in the region and a U.S. government official familiar with the contacts. The topic was one of several discussed at recent high-level political […]

Secure your family’s future during COVID-19

With flights grounded, schools temporarily shuttered and tourism on hold, many people’s livelihoods have been affected by COVID-19. The coronavirus is a stark reminder that life can often take an unexpected turn. A 2018 survey conducted by YouGov reported that more than half of UAE residents did not have life insurance cover. According to the […]

India’s shoppers are in no mood to hurry back to stores

Mumbai: Businesses in India from car dealers to clothing retail chains are ready for customers as the economy reopens – but shoppers are holding back. “While the supply situation seems to be nearly normal, so far, purchases are need-based,” analysts at Anand Rathi Shares and Stock Brokers Ltd. wrote in a note, after speaking to […]

COVID-19: Bahrain MPs favour economic stimulus package extension

Cairo: A majority of Bahrain’s lawmakers have voiced backing for a proposal to extend a stimulus package launched to mitigate economic impact of the new coronavirus for three more months, according to media reports. Thirty-five members of the 40-strong assembly signed a statement strongly backing the proposal recently made by five colleagues including Speaker of […]