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Alice Haine

Alice Haine

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Articles

People past closed shops in England. IHS Markit's Composite PMI dropped to its lowest reading since May in January, tied in with a stricter lockdown in England and more stringent restrictions in Scotland and Wales. Reuters
British economy on track for sharp contraction in first quarter but optimism is back

Eurozone confidence drops on new restrictions and poor vaccination drive

EconomyFebruary 03, 2021
A bus travels along Bishopsgate in the City of London. Britain saw the sharpest increase in empty offices since the global financial crisis of 2008-09 late last year. Bloomberg
London’s office market to attract £3.9bn from Middle East investors despite Covid challenges

Overall investment capital of £46bn expected, says Knight Frank

PropertyFebruary 03, 2021
Alain Bejjani, chief executive of Majid Al Futtaim, said the company's retail revenue held up in 2020 due to "the resilience of our people and business model" as online sales rose 188 per cent. Courtesy Majid Al Futtaim
Majid Al Futtaim's Alain Bejjani: Private sector can boost Mena region's GDP

Better integration between public and private areas will drive sustainable growth, the expert says

EconomyJanuary 29, 2021
DP World head, Sultan bin Sulayem, told the WEF that staff at the company adhered to all sanitation regulations from the outset to ensure operations could continue. Courtesy of World Economic Forum
DP World chief urges UK to immunise port staff to protect global vaccine supply

The move would ensure vital medicine can safely reach everyone, says Sultan bin Sulayem

EconomyJanuary 29, 2021
The village of Box in Wiltshire, England. Britain’s property industry ended 2020 on a record high, with prices up 7.3 per cent on the year before due to policy incentives. Bloomberg via Getty Images
How changes to Britain’s stamp duty scheme affect Middle East property investors

Buyers that complete purchases before March 31 can make significant savings

PropertyJanuary 29, 2021
All visitors from overseas need a negative Covid test. Bloomberg
UAE added to UK's travel ban list

British travellers allowed to return but must be isolated for 10 days

EuropeJanuary 28, 2021
LONDON, ENGLAND - APRIL 16: A general view of the city skyline on April 16, 2020 in London, England . The Coronavirus (COVID-19) pandemic has spread to many countries across the world, claiming over 130,000 lives and infecting over 2 million people. (Photo by Andrew Redington/Getty Images)
UK infrastructure remains an 'attractive market' for UAE investors

ESG standards now at the heart of investment strategies going forward

EconomyJanuary 28, 2021
Workers on a production line at Nissan's car plant in Sunderland Britain. UK car manufacturing fell 29.3% to 920,928 vehicles last year compared with 2019. Reuters
UK car production slumped by almost a third in 2020 amid Covid disruption

Brexit uncertainty also depressed market demand in key export destinations

EconomyJanuary 28, 2021
Architect David Adjaye speaking at the World Economic Forum. He said the Abrahamic Family House project is 'very exciting'. Courtesy World Economic Forum
Abu Dhabi's Abrahamic Family House designer describes 'exciting' project'

Multi-faith centre will have a mosque, church and synagogue at one site

January 27, 2021
SEOUL, SOUTH KOREA - NOVEMBER 21: A South Korean banker carries US dollar bank notes at the Korea Exchange bank on November 21, 2008 in Seoul, South Korea. The Korean won nosedived against the dollar and Japanese yen, as massive overnight losses on Wall Street sparked a selling spree on bourses across Asia. (Photo by Chung Sung-Jun/Getty Images)
What millennials should do with their Covid cash – Pocketful of Dirhams

Author Iona Bain offers advice for savers and those who have accumulated debt

MoneyJanuary 27, 2021
IMF managing director Kristalina Georgieva said the global economy is set to grow 5.5% this year, 0.3 % 'higher than projected'. Reuters
IMF's Kristalina Georgieva: Sustainability can fuel global recovery from Covid

International Monetary Fund chief says investing in new climate economy will boost growth and generate jobs

BankingJanuary 26, 2021
Pump jacks operate in an oil field in Texas US. Global oil demand is expected to return to pre-coronavirus levels by 2023, according to the Economist Intelligence Unit
Covid-19 will speed up global energy transition and dampen oil prices

'All forms of energy needed' to meet 45% rise in energy demand by 2045

EnergyJanuary 26, 2021
Mohamed El-Erian, economist: 'It is my hope that, through visionary leadership and better coordination, 2022 will be remembered proudly as the year we both won the war against Covid and secured the foundation for a fulfilling, prosperous, and durable peace for all.' Bloomberg via Getty Images
Cambridge University shaped Mohamed El-Erian’s illustrious career and now he’s giving back

In our continuing series of inspiring life stories across continents, we hear about the Egyptian-American economist's battle to overcome institutional prejudice

Arab ShowcaseJanuary 26, 2021
Speaking at the World Economic Forum, European Central Bank president Christine Lagarde said there are some postives to take away from the pandemic, including advances in digitalisation. Associated Press
ECB's Christine Lagarde: 'Our hope is that 2021 is still the year of recovery'

European Central Bank chief predicts rebound will happen in two phases

BankingJanuary 26, 2021
Bank of England's Andrew Bailey said the appropriate level of privacy for digital currencies was likely to be debated further. Reuters
BoE's Andrew Bailey: Current cryptocurrencies aren’t built to last

Bank of England chief says payment innovation is ‘here to stay’, but a lasting digital currency does not exist yet

BankingJanuary 25, 2021
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