CORONAVIRUS ALERT | Qatar Confirms First Coronavirus Death

DUBAI – Qatar on Saturday recorded its first death from the coronavirus, a Bangladeshi resident, and 28 more cases to take its total to 590 infections, the health ministry said. The 57-year-old Bangladeshi national was suffering from a previous chronic disease, state news agency QNA reported. The majority of cases in Qatar have been diagnosed … Continue reading CORONAVIRUS ALERT | Qatar Confirms First Coronavirus Death

CORONAVIRUS ALERT | Coronavirus Hits Migrant Workers In Qatar

RIYADH – Qatar’s old industrial zone has emerged as a hot sport for the coronavirus in the Gulf Arab state, putting at risk many migrant workers who live and work in the area of car service centers, warehouses and small shops. The tiny country, where expatriates comprise the majority of the population, on Thursday reported … Continue reading CORONAVIRUS ALERT | Coronavirus Hits Migrant Workers In Qatar

BUSINESS | Emirates Asks Pilots And Cabin Crew To Take Unpaid Leave

DUBAI – Emirates is asking pilots and cabin crew to take unpaid leave and rival Qatar Airways laid off about 200 staff in Doha this week as the coronavirus outbreak hammers demand for travel. The state-owned airlines have slashed dozen of routes crucial to their Gulf hubs dependent on millions of passengers passing through each … Continue reading BUSINESS | Emirates Asks Pilots And Cabin Crew To Take Unpaid Leave

CORONAVIRUS ALERT | Qatar Suspends Entry Of Non-Qataris In Moves To Shield Economy

DUBAI – Qatar said on Sunday it would ban non-Qataris from entering the country for the weeks as of Wednesday and announced measures to support the economy including providing 75 billion riyals ($20.5 billion) in financial incentives to the private sector. The government will also instruct state funds to increase their investment in the local … Continue reading CORONAVIRUS ALERT | Qatar Suspends Entry Of Non-Qataris In Moves To Shield Economy

NEWS | UAE Cancels Events, Flights Due To Coronavirus As Central Bank Announces Fiscal Plan

DUBAI| RIYADH – The United Arab Emirates said on Saturday it was shutting major tourism and cultural venues, including the Louvre Abu Dhabi museum and the Ferrari World theme park, from March 15-31, as Gulf states stepped up measures against coronavirus. The UAE central bank also announced a 100 billion (AED) ($27 billion) economic plan … Continue reading NEWS | UAE Cancels Events, Flights Due To Coronavirus As Central Bank Announces Fiscal Plan

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