Search Site

Trends banner

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Saudi Arabia lifts most Covid-19 restrictions

A Saudi man and his daughter stroll down the seafront promenade in the seaport of Jeddah in Saudi Arabia. AFP File Photo
  • The Covid-19 pandemic hugely disrupted Muslim pilgrimages, which are usually key revenue earners for the kingdom, bringing in some $12 billion annually
  • In 2021, the pandemic forced Saudi Arabia to downsize the hajj for a second year, and just 60,000 fully vaccinated citizens and residents taking part

Saudi Arabia said on Saturday it was lifting most Covid-19 restrictions including social distancing in public spaces and quarantine for vaccinated arrivals, moves that could facilitate the arrival of Muslim pilgrims.

The decision includes suspending “social distancing measures in all open and closed places” including mosques, the official Saudi Press Agency cited an interior ministry source as saying.

Masks will only be required in closed spaces, according to the decision, which came into effect on Saturday.

The Saudi kingdom, which is home to Islam’s two holiest places in Mecca and Medina, will no longer require vaccinated travelers to provide a negative PCR or rapid test before their arrival in the kingdom or to quarantine, SPA said.

The Covid-19 pandemic has hugely disrupted Muslim pilgrimages, which are usually key revenue earners for the kingdom, bringing in some $12 billion annually.

Hosting the pilgrimages is a matter of prestige for Saudi rulers, for whom the custodianship of Islam’s holiest sites is their most powerful source of political legitimacy.

In 2021, the coronavirus outbreak forced Saudi authorities to dramatically downsize the hajj for a second year, and just 60,000 fully vaccinated citizens and residents of the kingdom took part.

Since the start of the pandemic, Saudi Arabia has registered more than 746,000 coronavirus cases, 9,000 of them fatal, in a population of some 34 million.