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IATA downgrades Middle East 2020 traffic forecast; sees only 60mn travellers this year

IATA downgrades Middle East 2020 traffic forecast; sees only 60mn travellers this year

IATA downgraded its traffic forecast for the Middle East for 2020 and said it expected to see only 60mn travellers in the region this year compared to 203mn in 2019.

The rise of travel bubbles

The rise of travel bubbles

For countries still battling with high levels of Covid-19 spreading inside the country (such as the UK and the US) recovery is not yet on the horizon for their respective aviation industries.

Risk-free travel a myth; but research shows air travel less-risky

Risk-free travel a myth; but research shows air travel less-risky

Risk-free travel is just a myth. No travel is completely risk-free. But reliable studies have pointed to low incidence of inflight Covid-19 transmission, dispelling theories that flight cabins are highly unsafe for travel during the pandemic.

'Central banks increasingly looking at digital currencies as an option'

'Central banks increasingly looking at digital currencies as an option'

The central banks across various jurisdictions are increasingly looking at digital currencies (CBDCs) as an option; even as they are carefully considering the potential challenges and implication on the financial and monetary systems, according to panellists at the World Alliance of International Fi

Covid-19 has given a boost to 'social bonds' in global space

Covid-19 has given a boost to 'social bonds' in global space

In 2020, global bond issuances were at $4.8tn. The Federal Republic of Germany and the European Investment Bank were the key issuers in 2020.

An across the board selling drags QSE below 10,000 levels

An across the board selling drags QSE below 10,000 levels

An across the board selling – notably in consumer goods, industrials and real estate sectors – on Wednesday dragged the Qatar Stock Exchange more than 50 points and its key index settled below 10,000 levels.

Qatar Cool breaks ground on 5th cooling plant at Pearl-Qatar

Qatar Cool breaks ground on 5th cooling plant at Pearl-Qatar

Qatar District Cooling Company (Qatar Cool) signed a contract for the construction of its 5th cooling plant in Qatar with Gulf Contracting Company (GCC).

GM debuts electric Hummer pickup with $80,000 starting price

GM debuts electric Hummer pickup with $80,000 starting price

General Motors Co showed its much-anticipated battery-powered Hummer pickup in an online video, spearheading the automaker’s renewed push into the electric-vehicle market.

IPA Qatar signs tie-up agreement with NYSE-listed Palantir Technologies

IPA Qatar signs tie-up agreement with NYSE-listed Palantir Technologies

The Investment Promotion Agency Qatar (IPA Qatar) has signed an agreement with New York Stock Exchange-listed Palantir Technologies, a world renowned American software company specialising in big data analytics.

Outages halting trades span globe in hostile month for bourses

Outages halting trades span globe in hostile month for bourses

In August of 1994, trading was halted for 40 minutes on the Nasdaq after a squirrel chewed through a power line and the exchange’s backup power system failed to kick in.

Stimulus optimism, vaccine hopes lift Asian markets

Stimulus optimism, vaccine hopes lift Asian markets

Asian markets rose yesterday on signs US lawmakers are edging towards agreeing a new stimulus package for the struggling economy, while hopes for a vaccine helped temper worries about surging virus infections around the world.

Covid is a catalyst for change impacting trade, technology: Doha Bank CEO

Covid is a catalyst for change impacting trade, technology: Doha Bank CEO

Doha Bank CEO Dr R Seetharaman participated in a webinar hosted yesterday by the European University. The webinar carried the theme ‘A Modern-Day Catalyst for Change: Navigating Business, Trade, and Interaction Post Pandemic’.

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