#Saudi Arabia
The government is looking to its largest-ever debt programme to keep the depletion of reserves limited to SAR120bn
Production cuts are meant to be eased to about 7.7 million barrels a day in July
The death toll in the UAE and Saudi Arabia has risen to 264 and 503 respectively
The sovereign fund has spent billions of dollars this year buying equities, including stakes in BP, Boeing, Citigroup and Facebook
Domestic flights are also allowed to resume in the kingdom
A consensus seems to be developing that tax regimes need to adopt a global approach to confront challenges posed by technological advances
The death toll in the UAE and Kuwait has risen to 258 and 185 respectively
The ongoing esports fundraiser has already donated $6.5m to various global charities fighting the Covid-19 pandemic
Eligible businesses such as hotels, restaurants, airlines, cruise lines, tour operators, restaurants, outdoor shopping, transportation and airports, will be able to use the stamp once the health and hygiene protocols have been implemented
The death toll in Saudi Arabia and Kuwait has risen to 425 and 175 respectively
The kingdom suspended all international flights in March
Shrapnel from the missile attack wounded the three women and damaged one house
All local destinations will be covered by these flights within two weeks
Children under the age of 15 are not allowed to attend prayers at the mosques
The curfew will begin to be eased across the kingdom, except Makkah, from May 28
An interest-free loan programme for military personnel which covers 20 per cent of a property will be suspended from May 31
Employment across the GCC could fall by around 13 per cent due to the impact of the coronavirus
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
The death toll in the UAE and Kuwait has risen to 351 and 129 respectively
The death toll in Saudi Arabia and the UAE has risen to 339 and 233 respectively
Aramco’s recovery has been achieved on much smaller share volumes than its international counterparts
The death toll in the UAE stands at 227 while 26 people in Oman have succumbed to the virus
The fall in oil prices has put a strain on the finances of Middle Eastern energy-producing countries
The businessman, who had an estimated net worth of $2.6bn, was the founder and chairman of conglomerate Dallah Albaraka
Eid Al Fitr is expected to fall on May 23 or 24, subject to sighting of the moon
Saudi Arabia has registered a total of 57,345 cases since the outbreak
The Jeddah-based construction conglomerate has reportedly put thousands of employees on indefinite, unpaid leave
The death toll in the UAE and Saudi Arabia has risen to 220 and 312 respectively
PIF is in need of capital as it embarks on an investment spree that has seen it build stakes in some of the world’s largest companies since the start of the coronavirus pandemic
The PIF is looking into “any opportunity” arising from the economic wreckage of the crisis, its governor said in April