Singapore Airlines’ flight crew at an airport in Sydney, Australia. File/Agence France-Presse
Singapore Airlines said it had secured up to S$19 billion ($13 billion) of funding to help see it through the coronavirus crisis and expand afterward, in a sign of confidence travel demand will eventually return.
Hotel occupancy rates of Singapore have climbed to their highest in over a decade as travellers and business events switched from Hong Kong, where pro-democracy protests have slammed tourist numbers and wider business sentiment.
The COVID-19 pandemic has reshaped the global travel landscape and US no-frills carriers are pouncing, aviation experts said. As legacy airlines shrink to contain costs, budget carriers Spirit Airlines,
The virtually held meeting convened investors, business leaders and officials from both sides to explore stronger economic ties and synergies that the two commercial powerhouses of the East can explore in light of the paradigm shifts in business and economy induced by the COVID-19 pandemic.
Real estate expert Walid Al Zarouni, Chairman of the Board of Directors of the “W Capital” real estate brokerage company, said that Dubai has become a global city, a preferred destination for living, working, entrepreneurship and tourism, and a destination for many from all over the world, for the purpose of investment and residence, in light of the urban shift that it witnessed in the last two decades.
' The UAE will extend its voluntary cut of 144,000 barrels per day until the end of December 2024 as a precautionary measure. This is in coordination with the countries participating in the OPEC + agreement,' says minister.
The Sharjah Chamber of Commerce and Industry (SCCI) has successfully concluded its trade mission to India after five days of fruitful meetings and discussions with Indian business