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CORONA-UPDATE: Economic Evaluation and Recommendations in Light of the Global Coronavirus (COVID-19) Crisis
The COVID-19 epidemic that the world is witnessing nowadays has already started to take its toll on the world’s economy, resulting in global economic turmoil. Instead of growth figures of 2.5% forecasted at the beginning of the year 2020 according to UN sources, the updated forecasts as of the beginning of April clearly indicate a decline and recession in the global economy of about 0.9%.
Read the report in ARABIC LANGUAGE here...
Evaluation of the economic situation in Austria in light of Coronavirus (COVID-19)
Amidst the recent outbreak of COVID-19, Austria is getting ready to confront the current situation and its inevitable consequences on the economy, especially as a decline in the depicted growth of 1.2% is now expected, amounting to more than 0.5%. This highly depends on the economic [...]
On February 13th 2020, the newly-appointed Executive Director of the United Nations Office on Drugs and Crime (UNODC) and former Egyptian Minister for Social Solidarity H.E. Dr. Ghada Fathi Waly received a delegation from the Union of Arab Chambers (UAC), represented by UAC Secretary General Dr. Khaled Hanafy and AACC Secretary General Eng. Mouddar Khouja.
On February 12th 2020, the President of the Association of European Chambers of Commerce & Industry (EUROCHAMBRES) Dr. Christoph Leitl received a delegation from the Union of Arab Chambers (UAC) at his office in Vienna, represented by UAC Secretary General Dr. Khaled Hanafy, the President of AACC Senator Dr. Richard Schenz, and AACC Secretary General Eng. Mouddar Khouja.