The package was introduced to ease the financial burden of the pandemic
stimulus package
Latest in stimulus package
Economic activity
Why increased taxation should not form part of UAE’s economic recovery, says senior banking figure
Sunil Kaushal, CEO of Standard Chartered Africa and Middle East (AME) said the increasing price of oil and a focus on economic growth should be enough to push the recovery forward
Bahrain economy
Bahrain to extend support for businesses impacted by Covid-19
Country’s labour fund has issued a three-month extension of its Business Continuity Support Programme that will run until August
bond yield
Boom time in the US
This year’s sharp rise seen in bond yields has slowed for now as investors get to grips with the potential strength of the economic rebound and the ensuing implications for central banks around the world
bond market
Trillions of stimulus dollars move markets as pandemic relief cheques hit US bank accounts
Fiscal stimulus is feeding abundant confidence in recovery across the globe
Coronavirus Pandemic
Kuwait’s central bank is said to extend coronavirus relief until June
Program unlocks extra liquidity and allows for regulatory flexibility
blue-collar jobs
Video: Pinsent Masons’ Mark Raymont on Covid-19 impact on construction
In this episode of CW Expert Interviews series, Construction Week speaks to Mark Raymont, Partner – Energy and Infrastructure at Pinsent Masons about the impact of Covid-19 on the construction and infrastructure sectors.
Consumer demand
Video: Is inflation on the way as economic activity resumes?
Low consumer demand and unemployment are tamping down the likelihood of inflation despite the stimulus.
coronavirus
Video: Will stimulus measures to curb Covid-19 cause inflation?
As the economy recovers, the Federal Reserve may have to pull back.
business strategy
AB Live: Business and tax mitigation in the time of Coivd-19
On this week’s AB Live, Joanne Clark from Pinsent Masons discusses business impact mitigation and tax reliefs provided to the businesses in the region in the time of Covid-19.
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.
#stayhome
Video: Pandemic will change how companies view work-from-home, says Cisco CEO
Cisco Systems Chief Executive Officer Chuck Robbins discusses the surge in demand for its teleconferencing services since companies started to require employees to work from home, a possible US economic stimulus package agreement, and a possible rollback of tariffs by the Trump administration on goods from China.
business outlook
Video: Will China rescue the world economy?
Here’s why China’s indebtedness means it is probably both unwilling and unable to launch a stimulus package like it did in 2009 after the financial crisis.