International Air Transport Association Chief Executive Officer Alexandre de Juniac warns many airlines will go bankrupt in the next two-to-three months without government aid.
liquidity
Airlines
Video: Dubai moves to shield prized Emirates airline from virus fallout
The coronavirus has forced state-owned airline Emirates to suspend operations. The Dubai government is quickly swooping in to protect its most important growth engine.
Bombay Stock Exchange
‘Trade for free’ offer aims to lure rupee trading home to India
The India International Exchange (IFSC), also known as India INX, plans to waive commissions initially, a strategy it used to bolster liquidity in its equity and gold derivatives contracts
Central Bank
UAE banking system has sufficient capitalisation and liquidity reserves, says Central Bank
A new report from the UAE’s Central Bank found that lending growth slowed during 2018 when compared to the previous year
Abraaj Capital
Timeline: how fortunes have spiralled at Dubai’s Abraaj
Abraaj, which once managed almost $14bn, has now filed for provisional liquidation in the Cayman Islands
Abraaj Capital
Dubai’s troubled buyout firm Abraaj files for provisional liquidation
Company files application for a court-supervised restructuring in the Cayman Islands; plans to appoint joint provisional liquidators
Abraaj Group
Dubai’s Abraaj said to plan filing for provisional liquidation
Sources say buyout firm set to file before June 29 as it continues to battle allegations of misused funds