by root | Mar 31, 2020 | Emerging Markets, MENA Business Daily, NewPost, North Africa Commerce/Economy, West Asia Economies
Middle East and North Africa Top Business Stories – March 31 Dubai/Emirates Airline – “The Dubai government pledged support for Emirates, the world’s largest long-haul airline, as the coronavirus pandemic hits the global aviation industry,...
by root | Mar 30, 2020 | Emerging Markets, MENA Business Daily, NewPost, West Asia Economies
Middle East and North Africa Top Business Stories – March 30 Oil Price – “Oil prices fell sharply on Monday, with U.S. crude briefly dropping below $20 and Brent hitting its lowest in 18 years, on heightened fears that the global coronavirus shutdown...
by root | Mar 29, 2020 | Articles, Emerging Markets, MENA Business Daily, NewPost, North Africa Commerce/Economy, West Asia Economies
Middle East-North Africa Top Business Stories – March 29, 2020 GCC/MENA Slowdown – “Oil exporting countries in the Middle East and North Africa (Mena), especially the GCC countries are expected to experience a drastic slowdown in economic growth due...
by Afshin Molavi | Mar 28, 2020 | Emerging Markets, MENA Business Daily, NewPost, North Africa Commerce/Economy, West Asia Economies
Middle East/North Africa Top Business Stories – March 28 Saudi/OPEC Oil – “Saudi Arabia said it was not in talks with Russia to balance oil markets despite an attempt by Moscow to increase the members of the Opec+,” Gulf Daily News reports. GCC...
by Afshin Molavi | Mar 27, 2020 | Emerging Markets, NewPost, Southeast Asia, Tourism, Trade
Thailand’s economy is in trouble. The Bank of Thailand said on Thursday that the Southeast Asian nation’s economy is headed for a 5.3% contraction. The dual shock of a dramatic slowdown in tourist arrivals and in merchandise trade will hit the economy...
by Afshin Molavi | Mar 27, 2020 | Emerging Markets, MENA Business Daily, NewPost, West Asia Economies
Middle East Top Business Stories – March 27 AIRLINES – “As coronavirus grounds airlines, plunging the industry into unprecedented crisis, Middle East carriers that have been in the red for years must urgently tap assistance from governments facing...