INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Iran Covid deaths at new daily high as curbs lifted

  • The ministry said the deaths of 684 people in the past 24 hours brought the total number of fatalities to 102,038
  • Iran also registered 36,419 new infections raising the total since the pandemic started to 4,677,114

Iran’s health ministry on Sunday reported more than 680 daily Covid deaths for the first time, as nationwide curbs to contain the spread of the virus were lifted.

The ministry said the deaths of 684 people in the past 24 hours brought the total number of fatalities to 102,038.

Iran also registered 36,419 new infections raising the total since the pandemic started to 4,677,114.

Iranian health officials have acknowledged that the ministry’s figures understate the real toll but even they make Iran the worst-hit Middle Eastern country.

Last week Iran tightened curbs to contain the spread of the virus.

The six-day restrictive measures that ended on Saturday included the closure of government buildings, banks and non-essential shops.

A nationwide ban on private car travel between provinces remains in force until August 27.

Iran has avoided imposing a full lockdown on its 83-million-strong population, instead resorting to piecemeal measures such as temporary travel bans and business closures.

Since late June, Iran has seen what officials have called a “fifth wave” of infections, the country’s worst yet, which they have largely blamed on the more contagious Delta variant of the virus.

Daily deaths and infections have hit record highs several times this month.

The Islamic republic launched a vaccination drive in February but it has progressed slower than authorities had planned.

Choked by US sanctions that have made it difficult to transfer money abroad, Iran says it has struggled to import vaccines.

More than 16.7 million people have been given a first vaccine dose, but only 5.8 million have received the second, the health ministry said Sunday.