DUBAI / WAM Dubai Holding, a global investment holding company, and Meraas, Dubai’s premier developer and operator of lifestyle destinations, announced on Tuesday the launch of an economic relief package aimed at supporting existing business partners and customers across their portfolio of companies. The economic relief package which amounts to more than AED1 billion is designed to partially alleviate burdens ...

Bloomberg The International Monetary Fund (IMF) is ready to mobilise its $1 trillion lending capacity to help nations counter the coronavirus outbreak, with Managing Director Kristalina Georgieva calling for global coordination on monetary, fiscal and regulatory support. Georgieva reiterated in a blog post that the fund has $50 billion in flexible and rapid-disbursing emergency funds for developing nations, with as ...

Emirates Business The first ‘Adnoc On the go’ neighbourhood service station has officially opened its doors to the local community at Al Bateen, Abu Dhabi. Unveiled at Adipec in November 2019, the neighborhood station, which was conceptualised by an in-house team of designers. Smart technology enabled, the next-generation station allows customers to shop at the Adnoc Oasis convenience store, ordering ...