The first payments will be sent to companies in May Saudi Arabia’s King Salman announced today that the government will cover 60% of salaries in private sector industries hit by the Covid-19 pandemic, according to the state-run Saudi Press Agency. The move is part of a 9 billion riyal ($2.4bn) economic package,
Arab world
UN concerned about prisoners’ plight in Iran amid coronavirus outbreak
A United Nations rights official on Friday voiced concern over prisoners after reports of unrest in facilities prompted by worries over a coronavirus outbreak in countries including Iran, one of the worst-hit in the world. With the end of New Year holidays in Iran, state television announced that enterprises involved in
Trump says Saudi and Russian leaders both want to stabilize oil market
WASHINGTON - U.S. President Donald Trump said on Friday Saudi Arabian Crown Prince Mohammed bin Salman and Russian President Vladimir Putin both want something to happen to stabilize the global oil market, where prices have fallen by about two-thirds this year. At a White House roundtable discussion with U.S. oil company
UN concerned about prisoners’ plight in Iran amid coronavirus outbreak
A United Nations rights official on Friday voiced concern over prisoners after reports of unrest in facilities prompted by worries over a coronavirus outbreak in countries including Iran, one of the worst-hit in the world. With the end of New Year holidays in Iran, state television announced that enterprises involved in
Putin pins blame on Saudi Arabia and coronavirus for collapse in oil prices
MOSCOW - Russian President Vladimir Putin on Friday blamed the recent collapse in oil prices on Saudi Arabia’s withdrawal from an OPEC+ deal over oil supply, as well the impact of coronavirus on demand. At a meeting with Energy Minister Alexander Novak, Putin said Saudi Arabia was planning to get rid