Recent Posts

Qasr Al Watan opens its doors to local artists for live painting

Abu Dhabi / WAM Qasr Al Watan, one of the only working palaces of its kind in the world, welcomed a host of UAE-based artists and art students from La Parole Art Gallery and New York University Abu Dhabi. The unique painting sessions saw the participation of 16 up-and-coming artists. In a bid to preserve and promote culture, artistry and ...

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Can the world survive without dollar diplomacy?

The Federal Reserve’s rescue of the global financial system one year ago prevented a public health crisis from degenerating into market chaos. When histories of the Covid-19 pandemic are written, it would be shortsighted to ignore this exercise in financial diplomacy that cemented the dollar’s role as a pillar of the world economy. This flexing of monetary muscle raises big ...

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Who’s got airlines’ crown jewels?

When the coronavirus pandemic brought travel to a standstill, airlines turned to every financing source they could find — even their previously untouched frequent-flier programs. Whether this is a positive development for the industry depends on who you ask. United Airlines, Delta Air and American Airlines Group have raised more than $25 billion through debt deals backed by their traveller ...

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