Business

Trump administration has blacklisted dozens of foreign companies accused of cooperating with Iran
Iran hopes for foreign firms’ return if US lifts sanctions
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Erdogan has bitterly opposed high rates for years
Turkey rate hike seen as political test for Erdogan
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Flights from Abu Dhabi to Tel Aviv will start March 28
Etihad Airways to start direct flights to Israel next year
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The oil demand recovery will be severely hampered and sluggishness in transportation
OPEC lowers 2021 demand for crude by 600,000 bpd
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Air Arabia has lost $57.86 million in the first nine months of 2020
Air Arabia seeks government funding
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The World Bank and IMF held virtual meetings in April and October this year due to the pandemic
IMF, World Bank postpone planned 2021 meeting in Morocco
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flydubai will operate 14 weekly services between the UAE's and Israel's financial capitals from November 26
flydubai to start direct Israel flights this month
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UAE will train and employ Sudanese workers throughout the contract period
Sudan, UAE sign MoU to build solar energy plants
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The Turkish currency has been plumbing record lows every day this week
Turkish lira set for worst month since 2018 economic crisis
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Dubai International Airport
Dubai airport passenger traffic could fall by 70% this year
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Empty shelves
Kuwait retail co-ops pulls French products off shelves
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Iran's supplies to Syria have been falling in the past year with tightening sanctions and Tehran seeking cash exports
Syria fuel crisis eases
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Etihad has become the first Gulf airline to operate a passenger flight to Israel
First commercial passenger flight by UAE carrier lands in Israel
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Rising coronavirus infections worldwide are curbing fuel demand
Saudi Arabia, Russia in talks on how to support volatile oil markets
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OPEC+ is currently curbing production by 7.7 million barrels per day
OPEC+ to meet on weakening oil demand outlook
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There is only limited headroom for the market to absorb extra supply in the next few months
IEA warns second wave of pandemic is slowing oil demand
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