Gulf bourses dive as coronavirus hits oil price

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.

Coronavirus: Qatar reports first case of COVID-2019 gulf countries to cut links with Iran

Several Gulf and Arab States Announce New Coronavirus Cases

Three Gulf states Iraq report first coronavirus cases linked to Iran

Qatar cancels defense exhibition as coronavirus spreads in Gulf

Qatar’s Dimdex defense exhibition due to be held this month has been cancelled as the

Saudi Arabia restricts entry for Gulf citizens residents - SPA

Saudi Arabia on Tuesday barred citizens and residents of Gulf Cooperation Counci...

Saudi Arabia restricts entry for Gulf citizens residents

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.

Coronavirus Tests Economic Reforms for Travel in Gulf Arab States

Countries across the oil-dependent Gulf Cooperation Council have tried to bolster their travel and hospitality sectors but the coronavirus is testing ...

Coronavirus: Saudi Arabia restricts entry for Gulf citizens residents

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...

Concerts sports events cancelled in Gulf as coronavirus spreads

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

Concerts Sports Events Canceled in Gulf as Coronavirus Spreads

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Travel bans events scrapped: Gulf reacts to coronavirus outbreak

Gulf countries introduce range of measures aimed at curbing the spread of the novel coronavirus.

Kuwait postpones Gulf Olympic Games until December over coronavirus

Due to be held in Kuwait next month, the event has been moved to December

UAE Gulf central banks cut interest rates in response to coronavirus outbreak

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...

Coronavirus compounds Gulf economic woes as oil prices slump

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

Gulf smartphone market to contract in 2020 due to coronavirus outbreak

Market is predicted to decline by 1.4 per cent, from growth of 4.9 per cent previously, according to IDC

MIDEAST STOCKS-Most of Gulf markets decline on coronavirus fears

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.