CORONAVIRUS ALERT | Saudi Arabia Confirms 1,522 New Cases, Eight Deaths

RIYADH – Saudi Arabia reported 1,522 new coronavirus cases and eight deaths, bringing the total number of confirmed cases in the country to 27,011 and the virus-related death toll to 184, the Ministry of Health announced on Sunday.

Out of the newly detected cases, 19 percent are Saudi Arabian nationals and 81 percent are non-Saudi residents, healthy minister spokesman Mohammed al-Abd Al – Ali said.

Meanwhile, 16 percent of the new cases are female and 84 percent are male, he added.

The elderly make up only 2 percent of the new cases, children make up 5 percent, and adults make up 93 percent.

Eight people died in the last 24 hours, including two Saudi citizens in Dammam and Jeddah, and six non-Saudis in Mecca, Riyadh, and Medina.

They were between the ages of 32 to 84 years old, al – Abd al-Ali said. Most of them suffered from chronic illnesses.

SABIC’s Quarterly Net Profits Slumps 94% On Lower Sales Prices

PARIS, France – Petrochemicals firm Saudi Basic Industries Corp (SABIC) said on Tuesday its fourth-quarter net profit slumped 94% on lower average sales prices. SABIC posted a net income of 0.29 billion riyals ($77.28 million) in the three – month period ended Dec. 31, down from 4.97 billion riyals in the year-ago period. Princes across…

Ukraine Gets Support From Saudis With $400 Million Aid Deal

PARIS, France – Saudi Arabia signed agreements worth $400 million with Ukraine on Sunday after the kingdom’s foreign minister made a surprise visit to Kyiv, a movie praised by Washington. Prince Faisal bin Farhan met President Volodymyr Zelenskiy, his chief of staff Andriy Yermak, his Ukrainian counterpart Dymytro Kuleba, and others. He was the highest-ranking…

Saudi Arabia Pauses Wealth Fund Plan To Acquire Egyptian Bank – Sources

PARIS, France – Saudi Arabia has put a plan by its sovereign wealth fund to acquire the United Bank of Egypt on hold because of a disagreement with the Egyptian authorities over its valuation, two sources familiar with the matter told Reuters. The pause is the most recent stumble in the vast investment programme promised…


Something went wrong. Please refresh the page and/or try again.

%d bloggers like this: