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Saudi Arabia and China have inked a $264-million deal under which the Asian country will provide necessary equipment and supplies to ramp up the fight against novel covid-19 in the Gulf country. The deal between National Unified Procurement Company (Nupco) Read more
Qatar and Saudi Arabia have found themselves in another confrontation as capitals of both rivals are have been selected as sole bidders for 2030 Asian Games, The New Arab reports. Olympic Council of Asia (OCA) Thursday confirmed Doha and Riyadh Read more
An investment firm backed by a member of the Abu Dhabi royal family has acquired 20 per cent of Lulu, a supermarket group, for a total investment of $1 billion, report say. Source knowledgeable of the matter who spoke to Read more
US President Donald Trump Wednesday said he instructed US navy in Persian Gulf to shoot and destroy any Iranian gunboats found harassing US ships. Trump made the remark on Tweeter amid renewed tension between the Islamic Republic and its global Read more
Bahrain has slashed by 30 per cent the government operational budget as the tiny kingdom grapples with the containment of the novel covid-19 disease. The decision came Monday during a cabinet meeting chaired Prime Minister Prince Khalifa bin Salman Al Read more
Algeria Tuesday said it was proud UN Chief Antonio Guterres proposed to appoint the country’s veteran diplomat and former Foreign Minister Ramtane Lamamra who later backtracked after U.S objected to his appointment, TSA reports. Mohand Oussaïd Belaid, spokesperson of President Read more
Turkish President Tayyip Erdogan Monday announced a four-day lockdown across 31 cities from Thursday as the country grapples with increasing number of contamination from covid-19. The Turkish leader, Middle East Monitor (MEMO) reports, after a cabinet meeting said the lockdown Read more
Jordan’s national flag airline has enough cash to keep head over water until June but will apply for government tax break to address adverse effects of the lockdown imposed by authorities to curb the spread of the novel covid-19 disease, Read more
Sewing factories are producing protection masks for local and international markets including Europe amid the coronavirus pandemic, Middle East Monitor (MEMO) reports. One of the factories administrator, Abdullah Shehadeh from Hasco sewing factory, reportedly said 40 workers have at work Read more
The global oil cartel, OPEC, has approved the allocation of $1 billion to support developing countries in their fight against novel covid-19 disease, reports say. The aid to release by the organization’s Fund for International Development (OFID) will be deployed Read more