Oil prices fall on renewed coronavirus concerns as China cases climb

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COURTESY BY: https://www.dawn.com/ Brent crude oil prices fell by $1 per barrel on Monday, hit by renewed concerns about global fuel demand amid tough coronavirus lockdowns in Europe and new curbs on movement in China, the world’s second-largest oil user, where infections jumped. Brent crude oil futures were down 78 cents, or 1.4 per cent, at $55.21 a barrel, after falling $1 to a session low of $54.99 earlier. Brent rose in the previous four sessions. US West Texas Intermediate (WTI) slipped 44 cents, or 0.8pc, to $51.80 a barrel. WTI rose…

Travel, trade may resume within a week to Qatar, says UAE

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COURTESY BY: https://www.dawn.com/ Arab states boycotting Qatar could resume travel and trade links with Doha within a week under a United States-backed deal, but restoring diplomatic ties requires more time as parties work to rebuild trust, a United Arab Emirates (UAE) official said on Thursday. Gulf powerhouse Saudi Arabia announced the breakthrough in ending a bitter dispute at a summit on Tuesday, with its foreign minister saying Riyadh and its allies would restore all ties with Doha severed in mid-2017. UAE Minister of State for Foreign Affairs Anwar Gargash told a virtual…

Saudi Arabia extends entry ban amid coronavirus variant fears

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COURTESY BY: https://www.dawn.com/ Saudi Arabia’s interior ministry on Monday extended a ban on entry to the kingdom by air, land and sea for another week amid concerns over a fast-spreading variant of the new coronavirus, the state news agency SPA reported. Saudi Arabia shut its borders on Monday Dec 21 and suspended international commercial flights on a rolling weekly basis although foreign flights already in the country were allowed to leave. The ministry said it is evaluating the situation while allowing non-citizens to leave the kingdom and allowing entry for exceptional cases, SPA reported. The measures do not…

Israel Removes Saudi Arabia From Quarantine List A Day After Netanyahu’s ‘Visit’

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COURTESY BY: https://www.bolnews.com/ Following Israeli Prime Minister Benjamin Netanyahu’s reported visit to Saudi Arabia, the Israeli Ministry of Health added Saudi Arabia to its “green” list of coronavirus. The list includes countries from which returnees do not have to stay in quarantine. According to the foreign news agency ‘AFP’, the Israeli Ministry of Health confirmed that Saudi Arabia was included in the list of safe countries a day ago, but denied any connection to Netanyahu’s reported visit to the futuristic Red Sea city of Neom on Sunday. For news updates…

Saudi Arabia, Iraq reopen border after 30 years

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COURTESY BY: https://www.dawn.com/ BAGHDAD: Iraq and Saudi Arabia on Wednesday reopened their land border for the first time in 30 years, with closer trade ties between the two countries irking allies of Riyadh’s rival, Tehran. Top officials including Iraq’s interior minister and the head of its border commission travelled from Baghdad to formally open the Arar crossing. They met a delegation who had joined them from Riyadh, all in masks, and cut a red ribbon at the border crossing as a line of cargo trucks waited behind them. Arar will…

Saudi Anti-Corruption Campaigns Reach SR247 Billion

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COURTESY BY: https://www.bolnews.com/ Saudi Arabia has been able to make unparalleled achievements in less than four years, said Crown Prince Muhammad Bin Salman on Thursday. He also mentioned that the Kingdom would strike with an “iron first” at those who threaten its security and stability. The crown prince said he perceives corruption as cancer and the enemy of development and prosperity. The total proceeds of the anti-corruption settlements reached SR247 billion over the past three years. “Saudi Arabia is considered to be one of the 10 best countries in dealing…

Saudi Airlines Resumes Flight Operations To Pakistan

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COURTESY BY: https://www.bolnews.com/ Saudi Airlines has resumed international flights after seven months of disruption due to the coronavirus pandemic. According to the details,  the national flag carrier of the Kingdom, Saudi Airlines touched the skies, after getting approval to fly to 20 countries in the Middle East, Asia, and Europe. Travelers could now fly to Karachi, Islamabad, Cairo, Alexandria, Khartoum, Nairobi, Amman, Dubai, Tunis, Addis Ababa, Amsterdam, Frankfurt,  Istanbul, London, Madrid, Paris, Washington DC, Jakarta, Kuala Lumpur, and Manila. Saudi Arabia partially lifted the suspension of international flights from Sept. 15,…

King Salman targets Iran during debut at United Nations

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COURTESY BY: https://www.dawn.com/ NEW YORK: Saudi Arabia’s King Salman bin Abdulaziz took aim at Iran during his debut on Wednesday at the annual United Nations meeting of world leaders, calling for a comprehensive solution to contain Riyadh’s regional rival and stop it from getting weapons of mass destruction. He said Iran has exploited a 2015 nuclear deal with world powers “to intensify its expansionist activities, create its terrorist networks, and use terrorism,” adding that this had produced nothing but “chaos, extremism, and sectarianism.” “A comprehensive solution and a firm international…

Saudi Arabia Releases Documentary ‘Difficult Stage’ Focusing On Pandemic Heroes

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COURTESY BY: https://www.bolnews.com/ Saudi Arabia’s information ministry has successfully released a documentary based on frontline heroes who fought against the Coronavirus pandemic in the country. The documentary titled ‘Difficult Stage‘ had a special screening at AMC Cinema in Riyadh and is still breaking records on the silver screen. The film focused on the heroic efforts of all those workers who worked relentlessly to combat the coronavirus disease. Saudi Arabia’s Secretary Media has said that the documentary film was prepared under the direction of Acting Minister of Information Dr. Majid Al-Qasabi.…

Saudi Arabia To Lift Some Flight Restrictions On September 15

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COURTESY BY: https://www.bolnews.com/ Saudi Arabia is set to partially lift its suspension of international flights from Sept 15 to allow “exceptional categories” of citizens and residents to travel, according to its state news agency. The kingdom will lift all travel restrictions for citizens on Jan 1, 2021, it added. The exceptional categories include public and military sector employees, diplomats and their families, those working for public or non-profit private sector jobs abroad, businessmen, patients who need treatment abroad, those studying abroad as well as people with humanitarian causes, and sports teams. The…