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‘Virus more damaging than financial crisis’

Bloomberg The economic fallout from the coronavirus could be more serious than the damage done by the 2008 global financial crisis for Singapore, according to Prime Minister Lee Hsien Loong. “We can’t tell when the pandemic will end, but it will likely last at least this year, and quite possibly longer,” Lee said in a Facebook post. “The economic hit ...

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UAE to become first in Middle East to host IMCA in 2022

Dubai / Emirates Business At the International Congress of Maritime Arbitrators (IMCA) held in Rio de Janeiro, Dubai was announced as the next city to host this prestigious biennial event in 2022/2023. In showcasing the benefits of the UAE as a preferred jurisdiction for alternative dispute resolution, The Emirates Maritime Arbitration Centre (EMAC) presented Dubai’s bid with the UAE to ...

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Ajman Free Zone signs deal with Saudi German Hospital

AJMAN / Emirates Business Ajman Free Zone signed a memorandum of understanding (MoU) with the Saudi German Hospital Ajman with the aim of providing health services to customers, investors, and employees. This step came as part of Ajman Free Zone’s efforts to provide services of various levels to customers and investors, to enable them to run their business easily and ...

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