NEWS ALERT | Mideast States Must Share More Information On Coronavirus Cases: WHO

GENEVA – The World Health Organization (WHO) said on Wednesday that Middle East states needed urgently to offer more information about coronavirus cases to help bolster the fight against the disease across the region. Ahmed Al-Madhari, WHO Regional Director for the Eastern Mediterranean, said the regional approach to fighting the coronavirus has so far been … Continue reading NEWS ALERT | Mideast States Must Share More Information On Coronavirus Cases: WHO

EMIRATES | UAE To Become First Middle East Country To Host ICMA In 2022

DUBAI – At the International Congress of Maritime Arbitrators, ICMA, held in Rio de Janeiro, Dubai was announced as the next city to host this biennial event in 2022/2023. In showcasing the benefits of the UAE as a preferred jurisdiction for alternative dispute resolution, EMAC presented Dubai’s bid with the UAE to become the first … Continue reading EMIRATES | UAE To Become First Middle East Country To Host ICMA In 2022

BREAKING NEWS | Spain Says Saudi Arabia To Call G29 Meet On Coronavirus In Coming Days

RIYADH – Saudi Crown Prince Mohammed bin Salman told Spanish Prime Minister Pedro Sanchez on Monday that he would call in the coming days an extraordinary G20 meeting to tackle coronavirus and its economic impact, Sanchez’ office said. Saudi Arabia is the host of the next G20 summit – an annual gathering of representatives of … Continue reading BREAKING NEWS | Spain Says Saudi Arabia To Call G29 Meet On Coronavirus In Coming Days

BREAKING NEWS | Gulf States Extend Coronavirus Precautions To Bourses, Shipping, Arcades

 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

BREAKING NEWS | Saudi Arabia Suspends Social Gathering In Weeding Halls And Hotels Over Coronavirus Fears

RIYADH | SAUDI ARABIA – Saudi Arabia suspended on Thursday all social gatherings in wedding halls and hotels over coronavirus fears, the state news agency reported quoting a source in ministry of interior.

BREAKING NEWS | White House Says Trump, Saudi Crown Prince Discussed Energy Markets

WASHINGTON – U.S. President Donald Trump spoke with Saudi Arabia’s Crown Prince Mohammed bin Salman in a call on Monday to discuss global energy markets, among other issues, the White House said on Tuesday without giving other details. Oil prices were up about 8% on Tuesday, a day after facing their biggest route in nearly … Continue reading BREAKING NEWS | White House Says Trump, Saudi Crown Prince Discussed Energy Markets

BUSINESS | Oil Price Collapse Will Hurt Gulf States’ Finance: Fitch

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