5 days ago by msn.com
Stock markets in the oil-rich Gulf states plunged on Sunday over fears of the impact of the coronavirus, which also battered global bourses last week. Kuwait's bourse was closed for most of last week for national holidays. read more...
Stock markets in the oil-rich Gulf states plunged on Sunday over fears of the impact of the coronavirus, which also battered global bourses last week. Kuwait's bourse was closed for most of last week for national holidays.
Qatar’s Dimdex defense exhibition due to be held this month has been cancelled as the
Saudi Arabia on Tuesday barred citizens and residents of Gulf Cooperation Counci...
Saudi Arabia on Tuesday barred citizens and residents of Gulf Cooperation Council (GCC) countries from entering the kingdom for 14 days after returning from outside the region due to coronavirus concerns, state news agency SPA reported.
Countries across the oil-dependent Gulf Cooperation Council have tried to bolster their travel and hospitality sectors but the coronavirus is testing ...
Cleaners wear protective face masks, following the outbreak of the coronavirus, as they swipe the floor at the Ka'aba in the Grand Mosque in the holy city of Mecca on Tuesday. Image Credit: REUTERS Riyadh: In a dramatic move, Saudi Arabia on Tuesday barred GCC citizens and residents from entering the kingdom for 14 days after returning from outside the region due to coronavirus concerns, state news agency SPA reported. The official Saudi Press...
Major concerts and sporting events in Gulf Arab states have been cancelled or postponed and Saudi Arabia stepped up health screening measures in response to the spreading coronavirus. In the United Arab Emirates, a tourism and business hub, this month's electronic music Ultra festival at Abu Dhabi
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Gulf countries introduce range of measures aimed at curbing the spread of the novel coronavirus.
Due to be held in Kuwait next month, the event has been moved to December
A teller at a bank in Dubai. The UAE central bank has trimmed interest rates in line with the US Fed move. It has also asked banks operating in the country to reschedule loans and take a lenient view on fees and commissions. Image Credit: Gulf News Archives Dubai: Central banks in the Gulf late Tuesday cut key interest rates following the 50 basis points (0.5 per cent) rate cut by the US Federal Reserve as an emergency monetary policy response...
Energy-rich Gulf states have scrapped or postponed dozens of events as part of measures to contain the new coronavirus, denting economies already hurt by slumping oil prices. From OPEC kingpin Saudi Arabia to the region's most diversified economy the United Arab Emirates, sports tournaments, economic
Market is predicted to decline by 1.4 per cent, from growth of 4.9 per cent previously, according to IDC
Most major stock markets in the Gulf ended lower on Thursday, led by financial stocks, on concerns over the economic fallout from the coronavirus that has spread to nearly 80 countries and territories and killed more than 3,000 people.