Falling liquidity and profitability of stocks and investments.
News Opinion

Iraqi economy risks the collapse, Allawi seeks Gulf funds to stave off liquidity crisis

Iraq’s new finance minister was in Saudi Arabia on Saturday looking for emergency funds to stave off an impending financial crisis brought on by falling oil prices…

Coronavirus medical examination for those coming to the southern city of Taiz,
Middle East News

Corona Pandemic: UN officials warn of alarming situation in Yemen

While most of the Gulf countries are reeling under the COVID-pandemic, one country which is worst affected by the disease is war-torn Yemen…

Coronavirus pandemic has led to mighty changes in the lifestyle industry in Saudi
News Opinion

Contactless Tech and e-gifts the new norm for Saudi shoppers amid Coronavirus Pandemic

Coronavirus pandemic has led to mighty changes in the lifestyle industry in Saudi, the most highlighted being the shopping style among people in Saudi Arabia…

Prince Abdulaziz bin Salman
News Politics

Saudi Arabia Confident Oil Demand Will Bounce Back

According to the Saudi Arabian Energy minister, the corona virus will have minimal impact on demand. Prince Abdulaziz bin Salman has compared the loss of

OPEC
Middle East News

Oil Production Slashed Worldwide At May 1 Deadline Under Pandemic Pressure

As the world continues to follow social distancing norms and shutdowns, the demand for crude is hit rock bottom, forcing the Kingdom and Kuwait to

Twin building of Alinma Bank with symbol of fish, landmark of Riyadh, Saudi Arabia
Middle East News

All Saudi banks work towards reassuring investors on oil amid coronavirus

Saudi Arabia’s central bank had spent its net foreign assets in March at the fastest clip since at least 2000, noting the severity of the

Turkey, Fahrettin Koca, Fahrettin Altun, Ankara, Saudi Arabia, Coronavirus, Pilgrims,
News World

Turkey quarantines thousands of pilgrims coming back from Saudi due to coronavirus outbreak

On Sunday, Turkey isolated thousands of pilgrims coming back from Saudi Arabia, authorities stated, in the wake of recording one more coronavirus case increasing the

Iran , Covid-19 Cronavirus
Middle East News

Bahrein accuses Iran of biological aggression, 77 new contagions among citizens evacuated from the Islamic Republic of Iran

As many of the recorded infections throughout the Gulf region are linked to travel to Iran, which hosts several important shrines and pilgrimage sites for

Dr. Abdullatif bin Abdulaziz Al Al-Sheikh, Minister of Islamic Affairs, Call and Guidance, instructed the ministry’s branches in the Kingdom that Friday public prayer be performed in the nearest mosques to the grand mosques in the Kingdom to prevent overcrowding
Middle East News

Headline How Saudi Arabia Is Acting Wise IN Handling A Health Crises

The whole world needs to unite their resources and good vibes to fight the demon of an illness, whose cure is yet to be found.

Al-Arabiya English’ reported that United Arab Emirates based travel agents refused to issue flight tickets to Saudi Arabia to anyone who isn’t a Saudi national. Reuters also reported Emirates Airline restricted boarding on flights to Saudi Arabia in compliance with the Kingdom’s Foreign Affairs Ministry
Middle East News

Saudi Arabia suspends tourist visas due to coronavirus

On Thursday Saudi Arabia announced that it had temporarily suspended entry for visitors from coronavirus-hit countries with tourist visas, as well as pilgrims embarking on