COVID-19 highlights weaknesses in insurers’ enterprise risk management
LONDON: Reinsurance, and to some extent, insurance, has thrived on globalisation with limited barriers to entry. With this has come an increasing interconnectivity of risks...
Pakistani consumers go cashless as trust in digital payments surges amid COVID-19
KARACHI: Visa, the world leader in digital payments, released results of a survey on the impact of the COVID-19 pandemic on payment behavior of consumers...
Emirates returns US$ 1.4 billion to customers in refunds
DUBAI: Emirates reveals that it has returned over AED 5 billion (US$ 1.4 billion) in COVID-19 related travel refunds to date, making strong and steady...
COVID-19 taking its toll on Canada’s economy and insurance industry
OLDWICK: Canada’s property/casualty insurance industry thus far has fared better than their life counterparts amid the volatile economic and market dynamics created by the COVID-19...
Seef Properties reports net profit of BD 2.71 million for the period ended 30 June 2020
MANAMA: Seef Properties B.S.C., announced its financial results for the six-month period ended 30 June 2020. The Company reported net profits and total comprehensive income...
Heavily impacted by COVID-19, Air Arabia posts a net loss of AED 169 million
SHARJAH: Air Arabia registered a net loss of AED 169 million for the first half ending June 30, 2020, a direct result of second quarter...
COVID-19: Pfizer and BioNTech commence pivotal Phase 2/3 global study
NEW YORK: Pfizer Inc. and BioNTech SE announced the start of a global (except for China) Phase 2/3 safety and efficacy clinical study to evaluate...
Interferon treatment trial appears to be a major breakthrough against COVID-19
TORONTO: The preliminary results of a clinical trial by a UK biotech suggests that an interferon inhalation treatment for COVID-19 reduces the number of patients...
PLTW delivers distance-learning support to teachers, students, and caregivers across America
INDIANAPOLIS: Project Lead The Way (PLTW) released distance learning support, a full suite of resources that schools can utilize to enhance their distinct distance learning...
BATM launches three new test kits to advance diagnosis of COVID-19
LONDON: BATM Advanced Communications, a leading provider of real-time technologies for networking solutions and medical laboratory systems, announced the launch of three new diagnostic kits...
Collaboration agreement signed between Integumen and Avacta
LONDON: Integumen plc has entered into a collaboration agreement with Avacta plc for the evaluation of Avacta Affimers for the real-time identification of localised COVID-19...
SGX reports market statistics for June 2020
SINGAPORE: Singapore Exchange (SGX) released its market statistics for June 2020. Global financial and commodity markets reflected optimism from the reopening of major economies, even...