RIYADH - Gulf Arab states expanded measures to contain the spread of coronavirus on Sunday with Oman banning open ship-to-ship transfers with Iranian vessels, Abu Dhabi’s bourse closing trading halls and Dubai shuttering cinemas, gyms and arcades. Citizens and residents in Kuwait, which went into virtual lockdown on Thursday, had their temperatures tested before entering … Continue reading BREAKING NEWS | Gulf States Extend Coronavirus Precautions To Bourses, Shipping, Arcades
ABU DHABI - The Abu Dhabi Department of Economic Development has directed entertainment destinations in the Emirate to temporarily suspended as part of the precautionary measures taken nationwide to curb the proliferation of the coronavirus, COVID-19, outbreak. This came in two separate circulars, addressed to the owners of entertainment halls, including movie theaters and videogame … Continue reading ENTERTAINMENT | Entertainment Destinations Temporarily Closed In Abu Dhabi On Coronavirus Concerns
RIYADH – The central banks of the Saudi Arabia and United Arab Emirates (UAE), the two largest Arab economies, on Saturday announced stimulus plan worth a combined $40 billion to ease the impact of the coronavirus outbreak in their respective countries. The UAE regulator plans to support banks and businesses in the country, where the … Continue reading BUSINESS | Saudi, UAE Central Banks Roll Out $40 Billion Stimulus For Virus – Hit Economies
BUCHAREST – An official website to keep the public informed about the coronavirus outbreak has been launched by the Department of Health – Abu Dhabi, and the Abu Dhabi Public Health Center. Developed by the UAE-based artificial intelligence services firm, Saal.ai, the website, addressed as https://doh.gov.ae/en/covi-19 includes interactive features, updates from officials sources, and answers … Continue reading CORONAVIRUS ALERT | Coronavirus Website Launched In Abu Dhabi
RIYADH - The Saudi government has given nationals who wish to return to the Kingdom three days to make their journey from the United Arab Emirates and Bahrain, Saudi Arabia’s consulates announced on Tuesday. Nationals can take Saudi flights from Dubai airport during the next three days. Alternatively, Saudis can enter through Al-Batha border checkpoint … Continue reading TRAVEL ALERT | Saudi Arabia Sets 72-Hour Deadline To Return To Kingdom Amid Coronavirus Fears
LONDON – The collapse in oil prices will put pressure on government finances in the Gulf, credit rating Fitch said on Monday. Fitch’s top Middle East and Africa sovereign analyst Jan Friedrich said a $10 drop in crude prices lowered fiscal revenues in the Gulf by 2-4% GDP, depending on the country. ‘The collapse in … Continue reading BUSINESS | Oil Price Collapse Will Hurt Gulf States’ Finance: Fitch
ABU DHABI – The crown prince of the oil-rich emirate of Abu Dhabi tweeted on Friday that he had discussed cooperation in fighting the new coronavirus with U.S. billionaire philanthropist Bill Gates. Abu Dhabi is the capital of the United Arab Emirates federation, which has reported at least 27 coronavirus cases. ‘My good friend @BillGates … Continue reading CORONAVIRUS TALKS | Abu Dhabi Crown Prince Talks Coronavirus Cooperation With Bill Gates
