Leading News Source For Middle East
The World Bank has rubber-stamped a $100 million-loan to assist Turkey in the fight against covid-19 which has infected 112,261 according to health ministry figures. “The project is part of the World Bank’s $14 billion global Fast Track Facility announced Read more
The International Air Transport Association (IATA) has forecast $3.1bn-loss for Algerian aviation industry as the result of all of grounding of all commercial passenger jets owing to covid-19 pandemic, reports say. The trade association of world’s airlines in a report 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
Authorities in Dubai have extended until further notice the closure of all restaurants, hotels and events centers in the Emirates amid the ongoing containment of the coronavirus pandemic, Arabian Business reports. The Department of Tourism and Commerce Marketing (DTCM) reportedly Read more
King Salman Wednesday approved stimulus package worth $13.3 billion in favor of Saudi Small and Medium Enterprises (SMEs) whose activities have been crippled by the coronavirus pandemic, Arabia Business reports. As part of the package, companies with capital that is Read more