The pandemic will prompt authorities to re-examine the robustness of their healthcare systems, says Damien NG, PhD, Next Generation Research at Julius Baer
Prior to the pandemic, the plant had been mostly targeting Europe for sales of low-sulfur diesel and jet fuel
The deal will provide the Saudis nine million kits with a capacity to test 50,000 people per day
Last week, Saudi Arabia’s cabinet approved electronic visas for foreign visitors to attend sporting events and concerts
The fund is best known for European investments including the acquisition of London department store Harrods.
Two from the UAE and one from Bahrain feature on the list of the world’s largest smelters by capacity.
Trade ties between the countries have risen over 395 per cent from 2002 to reach $15.6 billion last year.
ICBC ME posted a pre-tax profit of $36 million in the first half of the year, up 157 per cent from H1 2011.
CITIC, partly owned by China’s sovereign wealth fund, did not give financial details of the investment.
With a combined GDP of over $9 trillion, China and India were poised to offset slower growth in the West, but recent developments have proved otherwise.
The Kingdom’s cabinet has given a licence to the Industrial and Commercial Bank of China (ICBC) to open one branch in Saudi.