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OPEC+ extends oil cuts in win for Saudi-Russian alliance

All the member nations signed off on a new deal for a production cut of 9.6 million barrels a day next month

Jeddah curfew Saudi Arabia - lme

Saudi reimposes curfew in Jeddah; curbs on private and public sector operations

The kingdom reported its single highest number of daily Covid-19 infections on Saturday, June 6

coronavirus

GCC Covid-19 update: UAE reports 659 cases; Saudi registers 1,975 infections, 32 deaths

The death toll in Saudi Arabia and the UAE has risen to 611 and 273 respectively

Worst may be over for biggest Arab economies as businesses adapt

Following a pandemic-driven plunge, non-oil private sector activity improved in Saudi Arabia, Egypt and the United Arab Emirates

UAE Coronavirus

GCC Covid-19 update: Saudi reports 2,171 cases, 30 deaths; Oman registers 738 infections

The death toll in Saudi Arabia and Kuwait has risen to 579 and 230 respectively

Hajj to begin on July 7

Indonesia pulls out of Hajj this year on virus concerns

More than 220,000 people from the country were expected to participate in this year’s Hajj

Brent oil rises past $40 as OPEC+ cut extension looks likely

While crude has now doubled from its low in mid-April, the path back to pre-virus levels of oil demand still looks uncertain

coronavirus

GCC Covid-19 update: UAE reports 596 cases, 3 deaths; Saudi registers 24 deaths

The death toll in the UAE and Saudi Arabia has risen to 269 and 549 respectively

UAE-HEALTH-VIRUS

GCC Covid-19 update: Saudi reports 1,881 cases, 22 deaths; Kuwait registers 8 fatalities

The death toll in Saudi Arabia and Kuwait has risen to 525 and 220 respectively

Saudi Arabia to inject $13.3bn into banking system

The programme is aimed at helping banks amend and restructure loans without additional fees and support private sector employment

Saudi reserves fall more slowly after transfer to sovereign fund

The government is looking to its largest-ever debt programme to keep the depletion of reserves limited to SAR120bn

UAE-DUBAI-HEALTH-VIRUS

GCC Covid-19 update: UAE reports 661 cases, 2 deaths; Saudi registers 23 fatalities

The death toll in the UAE and Saudi Arabia has risen to 264 and 503 respectively

Saudi moved $40bn in reserves to sovereign wealth fund PIF

The sovereign fund has spent billions of dollars this year buying equities, including stakes in BP, Boeing, Citigroup and Facebook

Saudi begins phase two of easing lockdown: Mosques reopen, fines revealed for violators

Domestic flights are also allowed to resume in the kingdom

coronavirus Covid-19 UAE

GCC Covid-19 update: UAE reports 563 cases; Saudi registers 1,644 cases, 16 deaths

The death toll in the UAE and Kuwait has risen to 258 and 185 respectively

Gamers Without Borders Saudi Arabia

Saudi’s Gamers Without Borders championship becomes world’s largest charity esports event

The ongoing esports fundraiser has already donated $6.5m to various global charities fighting the Covid-19 pandemic

SAUDI-HEALTH-VIRUS

GCC Covid-19 update: Saudi registers 1,815 cases, 14 deaths; Kuwait reports 692 infections

The death toll in Saudi Arabia and Kuwait has risen to 425 and 175 respectively

Saudi extends tourist visas for three months free of charge

The kingdom suspended all international flights in March

Three women in Saudi’s Jazan injured in missile attack

Shrapnel from the missile attack wounded the three women and damaged one house

Domestic flights to resume in Saudi Arabia from May 31

All local destinations will be covered by these flights within two weeks

saudi arabia riyadh

Saudi Arabia issues guidelines for reopening mosques

Children under the age of 15 are not allowed to attend prayers at the mosques

saudi arabia riyadh

Saudi Arabia unveils phased plan to reopen mosques, offices and malls

The curfew will begin to be eased across the kingdom, except Makkah, from May 28

Saudi suspends two mortgage-support programmes amid crisis

An interest-free loan programme for military personnel which covers 20 per cent of a property will be suspended from May 31

How Covid-19 has revamped the online grocery shopping space

The stay-at-home protocol activated across countries to combat the spread of the virus has proven to be a game changer for the online shopping sector

GCC Covid-19 update: Saudi reports 2,642 cases; Kuwait registers 955 infections

The death toll in Saudi Arabia has risen to 364

UAE, Saudi announce first day of Eid Al Fitr

The Shawwal crescent was not sighted on Friday evening

GCC Covid-19 update: Saudi reports 2,532 cases, 12 fatalities; Kuwait registers 1,041 infections

The death toll in the UAE and Kuwait has risen to 351 and 129 respectively

coronavirus

GCC Covid-19 update: Saudi reports 2,691 cases; UAE announces 941 infections

The death toll in Saudi Arabia and the UAE has risen to 339 and 233 respectively

Saudi Aramco is first oil major to regain pre-price-war share price

Aramco’s recovery has been achieved on much smaller share volumes than its international counterparts

UAE Covid-19

GCC Covid-19 update: UAE reports 873 cases; Saudi confirms 2,509 infections

The death toll in the UAE stands at 227 while 26 people in Oman have succumbed to the virus