Business
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Kuwait gets a downgrade over ‘liquidity risks’
Moody’s now ranks Kuwait two steps lower than Fitch Ratings and one below S&P Global Ratings Kuwait was downgraded for the first time by Moody’s Investors Service, a decision the…
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Oracle wins deal for TikTok’s US operations
A deal between ByteDance, TikTok’s parent company, and Oracle will look more like a corporate restructuring TikTok has abandoned talks with Microsoft Corp. to sell its music-video app in the…
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Campus 42 Abu Dhabi will open in February 2021
New coding and computer programming school The first GCC campus of the internationally-renowned 42 Network coding and computer programming schools is set to open in the UAE capital. 42 Abu…
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Amazon Saudi Arabia
Amazon Prime service is not yet available in the kingdom Souq.com announced the official launch of Amazon Saudi Arabia via the Amazon.sa domain earlier this week. It will replace Souq.com…
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Bahrain launches virtual mall
Showcases products from over 100 local businesses Bahrain has launched a virtual mall to enable shops to continue serving their customers during the Covid-19 pandemic. The government-run website mall.bh, which officially opened…
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Saudi signs $265m deal with China to fight virus
The deal will provide the Saudis nine million kits Saudi Arabia will pay China SAR995m ($264.6m) to provide coronavirus tests and medical expertise, Abdullah Al-Rabiah, chairman of the Negotiation and…
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UAE Police use smart helmets to screen for Covid-19 symptoms
The helmets can monitor a person’s body temperature Police teams around the country will begin using AI-equipped smart helmets configured to screen people for potential Covid-19 symptoms. The helmets are…
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10 Stocks to Buy That Will Benefit From Coronavirus Epidemic
Win big in the long run Since the coronavirus from China got rolling in February, the search term “coronavirus stocks to buy” has gained significant notoriety. It seems everyone and their dog is looking…
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Berkshire Hathaway sells US airline shares
Warren Buffett says his company Berkshire Hathaway has sold all of its shares in the four largest US airlines. Speaking at the annual shareholders’ meeting, Mr Buffett said “the world…
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The Industries Set To Benefit From The Coronavirus Outbreak?
As the coronavirus is continuing across the globe unabated with 174,000 infected and over 6,500 victims, the global economy is suffering its biggest shock and downturn in the last few…
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