BUSINESS | Aston Martin Furloughing Some Staff After Coronavirus Plan Closures

BUCHAREST | ROMANIA – Britain’s Aston Martin said on Monday it is furloughing some employees as it handles the fallout from the coronavirus outbreak which has closed its car factories.

The pandemic has shut both the luxury brand’s plants, just as it starts productions of its first sport utility vehicle, the DCX, crucial to a turnaround after disappointing sales last year contributed to a plunge in its share price.

Employers in Britain can claim for 80% of wage costs for staff whom they place on temporary leave, up to 2.500 pounds a month per employee, as part of a government scheme designed to help businesses whose operations have been hit by the fallout.

‘(We are) utilizing all government aid available’, the company said in a statement.

Aston confirmed its capital – raising plans on Monday that will see a consortium led by Canadian billionaire Lawrence Stroll take a stake in the company.

It said it was also taking action to control operating costs and capital expenditure and it accessing additional funding facilities. Its directors said they remain confident that the firm has enough working capital for at least the next 12 months.

The firm’s production sites are currently not scheduled to reopen until April 20 and the central England-based firm said deliveries of its DXB were ‘still planned for summer 2020 dependent on productions and supply chain returning as currently anticipated’.


BUSINESS | ZOOM Plans To Roll Out Strong Encryption for paying customers only

NEW YORK – Zoom, the video conferencing provider whose business had boomed with the COVID-19 pandemic, plans to strengthen encryption on video calls made by paying clients and institutions like schools, but not for users of its popular free accounts, a company official said Friday. The company previewed its intentions on a call with civil … Continue reading BUSINESS | ZOOM Plans To Roll Out Strong Encryption for paying customers only

ROYALS | Prince Harry and Meghan Markle’s LA Home Is Being Inundated by Drones

JEDDAH | SAUDI ARABIA – Meghan Markle and Prince Harry, like many of us in the U.S., spend Memorial Day weekend taking in the sun, sitting poolside with their family, and…spotting a small drone flying just a couple feet above their head? Okay, most families didn’t have to deal with that last one, but Meghan … Continue reading ROYALS | Prince Harry and Meghan Markle’s LA Home Is Being Inundated by Drones

WORLD NEWS | Trump Says Terminating U.S. Relationship With World Health Organization Over Virus

NEW YORK – U.S. President Donald Trump on Friday said he is termination the U.S. relationship with the World Health Organization over its handling of the coronavirus, saying the WHO has essentially become a puppet organization of China. Appearing in the White House Rose Garden, Trump went ahead with repeated threats to eliminate American funding … Continue reading WORLD NEWS | Trump Says Terminating U.S. Relationship With World Health Organization Over Virus

BUSINESS NEWS | Saudi Arabia Says It Provided $40 Billion To PIF From Foreign Reserves

RIYADH | SAUDI ARABIA – Saudi Arabia transferred a total of 150 billion riyals ($40 billion) from central bank foreign reserves to fund investments by sovereign wealth fund PIF in March and April, the finance minister said on Friday. Saudi Arabia’s central bank foreign reserves fell in March by nearly $27 billion month-on-month, their fastest … Continue reading BUSINESS NEWS | Saudi Arabia Says It Provided $40 Billion To PIF From Foreign Reserves

ARTS & CULTURE | France’s Louvre Museum To Reopen July 6, Versailles June 6

PARIS | FRANCE – The Louvre museum in Paris will reopen on July 6, it said on Friday, as France’s historical and cultural sites emerge gradually from the coronavirus lockdown. In a statement, France’s most visited museum said a booking system and new signposting would offer visitors the maximum possible safety while they are in … Continue reading ARTS & CULTURE | France’s Louvre Museum To Reopen July 6, Versailles June 6

SOCIAL MEDIA | Twitter Hides Trump Tweet For ‘Glorifying Violence’

JEDDAH | SAUDI ARABIA – Twitter hid a tweet by U.S. President Donald Trump behind a warning for the first time on Friday, accusing him of breaking its rules by ‘glorifying violence’ in a message that said looters at protests in Minneapolis would be shot. Twitter’s decision to step in escalates a feud between Trump … Continue reading SOCIAL MEDIA | Twitter Hides Trump Tweet For ‘Glorifying Violence’

NEWS | Saudi Arabia Confirms Virtual Donors Conference For Yemen With U.N.

RIYADH | SAUDI ARABIA – Saudi Arabia confirmed it will host a virtual donors conference next week for Yemen together with the United Nations which said the conflict – riven nation risked being overwhelmed by the coronavirus. Millions need aid in Yemen, whose government was ousted from the capital Sanaa by the Iran – allied … Continue reading NEWS | Saudi Arabia Confirms Virtual Donors Conference For Yemen With U.N.

TRAVEL | Greece To Open To Tourists From 29 Countries From June 15

BUCHAREST | ROMANIA – Greece said on Friday it will open to visitors from 29 countries from June 15, days before its peak tourism season begins. The countries are: Germany, Austria, Denmark, Norway, Cyprus, Israel, Switzerland, Japan, Malta, Bulgaria, China, Croatia, Australia, New Zealand, North Macedonia, Albania, Estonia, Latvia, Lebanon, Lithuania, Hungary, South Korea, Serbia, … Continue reading TRAVEL | Greece To Open To Tourists From 29 Countries From June 15

BUSINESS | Saudi Crown Prince Discusses Oil Markets Stability With Russian President On Phone

RIYADH | SAUDI ARABIA – Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defense, received a phone call from President Vladimir Putin of the Russian Federation. During the phone conversation, they discussed the efforts being exerted to stabilize the oil markets, the Saudi Press Agency, SPA, reported. … Continue reading BUSINESS | Saudi Crown Prince Discusses Oil Markets Stability With Russian President On Phone

HEALTH | Gyms Reopen In Dubai: What You Need To Know Before Your First Workout

Hundreds of indoor gyms, sports and fitness clubs, and sports academies across Dubai reopened its doors Wednesday, May 27. The announcement came after two months of government-mandated closures due to Covid-19 as restrictions within the UAE continue to gradually lift. Although these facilities can once again operate between 6 a.m. and 11 p.m. in accordance … Continue reading HEALTH | Gyms Reopen In Dubai: What You Need To Know Before Your First Workout

ENTERTAINMENT | Nicole Kidman Has Purchased Rights To Another Laine Moriarty Book That Sounds Even Better Than Big Little Lies

MILAN – Hulu’s limited TV series adaptation of Liane Moriarty’s book, Nine Perfect Strangers, is taking shape with a number of key cast members on board, Deadline reports. Nicole Kidman and Gilmore Girls alum Melissa McCarthy are set to star along with The Good Place’s Many Jacinto. Kidman will take on the role of Masha … Continue reading ENTERTAINMENT | Nicole Kidman Has Purchased Rights To Another Laine Moriarty Book That Sounds Even Better Than Big Little Lies

NEWS ALERT | Saudi King, Crown Prince Receive Messages From Emir Of Kuwait

RIYADH | SAUDI ARABIA – Custodian of the Two Holy Mosques King Salman Bin Abdulaziz Al Saud and Crown Prince Mohammed Bin Salman, Deputy Prime Minister and Minister of Defense, received on Wednesday an oral message from Emir of Kuwait, Sheikh Sabah al-Ahmed al-Jaber al-Sabah. The messages were delivered by Kuwaiti Foreign Minister Sheikh Dr. … Continue reading NEWS ALERT | Saudi King, Crown Prince Receive Messages From Emir Of Kuwait

SPORTS NEWS | European Soccer’s Return To Action After Coronavirus

BUCHAREST | ROMANIA – Professional soccer leagues around Europe are gearing up for a return to action following the novel coronavirus stoppage, but some are more advanced than others. Here is a roundup of the state of play: GERMANY The Bundesliga restarted on May 16, games played without fans and with a strict health protocol … Continue reading SPORTS NEWS | European Soccer’s Return To Action After Coronavirus

NEWS ALERT | Saudi Crown Prince Receives Phone Call From President of Russia

RIYADH | SAUDI ARABIA  – – Prince Mohammed Bin Salman Bin Abdulazi Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defense, received a phone call from President Vladimir Putin of the Russian Federation. During the phone conversation, they discussed the efforts being exerted to stabilize the oil markets. From his part, President Putin … Continue reading NEWS ALERT | Saudi Crown Prince Receives Phone Call From President of Russia

NEWS ALERT | Saudi-Led Coalition Says It Downs Houthi Drones Launched At Najran

RIYADH | SAUDI ARABIA – The Saudi-led coalition engaged in Yemen said its forces intercepted and downed drones launched by the Iran-aligned Houthi movement towards the Saudi border city of Najran on Wednesday in the first such incident since late March. There was no immediate comment from the Houthi group about the attack, which comes … Continue reading NEWS ALERT | Saudi-Led Coalition Says It Downs Houthi Drones Launched At Najran

SOCIAL MEDIA | Twitter’s Fact-Check Label Prompts Trump Threat To Shut Down Social Media Companies

NEW YORK  – U.S. President Donald Trump on Wednesday threatened to regulate or shut down social media companies for stifling conservative voices, a day after Twitter attached a warning to some of his tweets prompting readers to fact check the president’s claims. Without offering evidence, Trump again accused such platforms of bias, tweeting: ‘Republicans feel … Continue reading SOCIAL MEDIA | Twitter’s Fact-Check Label Prompts Trump Threat To Shut Down Social Media Companies

TRAVEL | Greece To Welcome Germans, Cypriots, Israelis In First Wave Of Visitors

BUCHAREST | ROMANIA – Greece will allow travellers from around two dozen countries including Germany, Cyprus and Israel to visit from mid-June without having to be quarantined, government officials said, part of gradual easing of coronavirus lockdown restrictions. ‘Travel will be some 20-25 countries whose nationals will be allowed to come’, a government source said, … Continue reading TRAVEL | Greece To Welcome Germans, Cypriots, Israelis In First Wave Of Visitors

BUSINESS NEWS | New York’s Cuomo To Meet Trump, Push Infrastructure Spending

NEW YORK – New York Governor Andrew Cuomo said he will travel to Washington to meet with President Donald Trump on Wednesday and planned to discuss major investments in infrastructure as a way to jumpstart a U.S. economy devastated by the coronavirus pandemic. Cuomo also told a daily briefing on Tuesday he planned to accelerate … Continue reading BUSINESS NEWS | New York’s Cuomo To Meet Trump, Push Infrastructure Spending

NEWS ALERT | Saudi Arabia To Extend Tourist Visas For Three Month Free Of Charge

RIYADH | SAUDI ARABIA – Saudi Arabia will extend tourist visas which expired during the suspension of international flight amid the coronavirus pandemic automatically for a period of three months free of charge, according to an official statement. The Kingdom’s General Directorate of Passports announced that the General Directorate of Passport would extend the visas … Continue reading NEWS ALERT | Saudi Arabia To Extend Tourist Visas For Three Month Free Of Charge

BUSINESS NEWS | Macron Wants France To Be Europe’s Top Clean Car Producer

PARIS | FRANCE – President Emmanuel Macron announced an 8 billion euro plan on Tuesday to make France the top producer of clean vehicles in Europe and urge French carmakers to make vehicles in their own country. French car plants are only just starting to rev up production after the coronavirus lockdown, which hit the … Continue reading BUSINESS NEWS | Macron Wants France To Be Europe’s Top Clean Car Producer

News | Saudi Crown Prince Receives Phone Call From Crown Prince of Abu Dhabi

RIYADH | SAUDI ARABIA – Prince Mohammed Bin Salman Bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defense received a phone call from Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces. During the conversation, they exchanged congratulation on the … Continue reading News | Saudi Crown Prince Receives Phone Call From Crown Prince of Abu Dhabi

BUSINESS NEWS | Saudi Public Sector Employees Will Return To Work Starting May 31

RIYADH | SAUDI ARABIA – Saudi public sector employees will start returning to work gradually as of Sunday May 31, after more than two months of suspension amid strict measures to help curb the novel coronavirus outbreak. Public sector workers will eventually resume work as normal as of June 14, Minister of Human Resources Ahmed … Continue reading BUSINESS NEWS | Saudi Public Sector Employees Will Return To Work Starting May 31

NEWS ALERT | Saudi Arabia To Ease Virus Restrictions Return To Normal By June 21

RIYADH | SAUDI ARABIA – Custodian of the Two Holy Mosques King Salman Bin Abdulaziz Al Saud approved on Monday the easing of restrictions imposed over the coronavirus outbreak. Restrictions will be lifted in three phases, culminating in the curfew completely ending – with the exception of the holy city of Makkah – from June … Continue reading NEWS ALERT | Saudi Arabia To Ease Virus Restrictions Return To Normal By June 21

NEWS ALERT | Saudi Arabia To Allow Mosques To Open For Friday Prayers

RIYADH | SAUDI ARABIA – Saudi Arabia will allow mosques to open for Friday prayers, state TV reported on Tuesday, as the Kingdom eases restrictions on movement to curb the spread of the coronavirus. Mosques will be authorized to open 20 minutes before Friday prayers and should close 20 minutes after they finish, state TV … Continue reading NEWS ALERT | Saudi Arabia To Allow Mosques To Open For Friday Prayers

News | Saudi Crown Prince Receives Phone Call From President Of Mauritania

RIYADH | SAUDI ARABIA – Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister and Minister of Defense received a phone call from President Mohamed Ould Ghazouni of the Islamic Republic of Mauritania. During the conversation, they exchanged congratulations on the advent of the blessed Eid Al-Fitr.

NEWS | Crown Prince Mohammed Bin Salman: Good Days In Store For Saudi Arabia Through Its People’s Efforts

RIYADH | SAUDI ARABIA – Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, stressed on Sunday that Saudi Arabia will see better days in credit to its people. He made his remarks while congratulating Defense Ministry officials on the advent of the Eid al-Fitr holiday. The officials, including Deputy Defense Minister … Continue reading NEWS | Crown Prince Mohammed Bin Salman: Good Days In Store For Saudi Arabia Through Its People’s Efforts

NEWS | King Salman Urges Determination, Positivity In Overcoming Hardship

RIYADH | SAUDI ARABIA – Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud states on Sunday that he sees ‘hope in the coming days’, urging ‘determination and positivity in overcoming all hardship’. In a tweet on the occasion of the Eid Al-Fitr holiday, he thanked for ‘blessing us with fasting during … Continue reading NEWS | King Salman Urges Determination, Positivity In Overcoming Hardship

CORONAVIRUS ALERT | Saudi Arabia Reports 2,399 New Cases Bringing Total to 72,560 On Eid Al Fitr

RIYADH | SAUDI ARABIA – Saudi Arabia reported 2,399 new coronavirus cases on the first day of Eid al-Fitr, bringing the total to 72,560. Riyadh remained the area with the highest daily increase, but Mecca had a higher increase than recent days, with 611 new cases in the province. Jeddah reported the third highest number … Continue reading CORONAVIRUS ALERT | Saudi Arabia Reports 2,399 New Cases Bringing Total to 72,560 On Eid Al Fitr

Saudi Society | Saudi Residents Face Deportation For Gathering In Weddings, Funerals

RIYADH | SAUDI ARABIA – The Ministry of Interior said on Saturday that residents who violate nationwide coronavirus precautionary measures and gather for social occasions such as weddings, funerals, parties, seminars and the like will be deported and banned from ever re-entering the Kingdom. The MOI also specified fines for violators of the ban on … Continue reading Saudi Society | Saudi Residents Face Deportation For Gathering In Weddings, Funerals

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