The World Travel and Tourism Council (WTTC) issued the estimate this Wednesday (25). It also predicts that 75 million jobs are at risk as a result of the coronavirus crisis.
Author: From the Newsroom
The Central Bank created a credit line for tourism enterprises to pay salaries and suppliers after the cancellation of 80% of reservations.
The UAE mall operator has created an AED 100 million fund to help storeowners at its venues.
The Telecommunications Regulatory Authority of the country has launched a list of the purchasing apps of 22 stores.
Year-to-date, imports were down 12.6% in February and 5.8% year-to-date through February.
A survey commissioned by the Brazilian Beef Exporters Association (ABIEC) shows that there’s no risk of a shortage in the country. Production exceeds domestic consumption by 35.5%.
With Saudi Arabia in the group’s presidency, the world’s biggest economies said they will keep close track of the impact of the pandemic on markets.
The organization will keep providing certification services, just not from its headquarters.
The company decided to implement a temporary suspension of most passenger operations by March 25.
Amid the coronavirus crisis, the Ministry of Agriculture ruled that activities such as the international zoosanitary certification are now regarded as essential.
The Arab Brazilian Chamber of Commerce said it’s taking action to prevent infection by COVID-19. It will make available telephone lines to clear up doubts regarding the transition to a novel form of service provision.
The Arab Chamber decided to cancel the corporate tour scheduled for June due to coronavirus concerns.
This was the only product category whose sales increased in the first two months of this year, on the back of ferroniobium, gold, and maize oil.
Khalifa Industrial Zone, a subsidiary of Abu Dhabi Ports, lowered its lease rate on new contracts by 25%.
