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

Saudi Arabia bans citizens from traveling to Indonesia as Covid cases surge

    • Indonesia has for the last week or so has seen at least 40,000 new cases of Covid-19 infection every day

    • The largest caseload was on July 16, with 54,000 new cases reported

    Saudi Arabia announced on Wednesday, July 21, that it was barring its citizens from travelling to Indonesia in light of the surge in Covid-19 cases there.

    An official source at the Ministry of Interior was quoted by local reports as saying in a statement that the step was taken due to “the Saudi government’s keenness on the safety of citizens wishing to travel abroad.”

    The official also cited “the spread of a new mutated strain of the virus, and the health situation in the Republic of Indonesia” as reasons behind this ban.

    The official said the ban would stay in place “until the epidemiological situation in Indonesia is stabilized.”

    The ministry also called upon Saudi citizens present in Indonesia to exercise caution, stay away from areas witnessing the spread of the virus, follow all precautionary measures, and return sooner to the country.

    Indonesia has for the last week or so has seen at least 40,000 new cases of Covid-19 infection every day. The largest caseload was on July 16, with 54,000 new cases reported.

    The seven-day daily average of deaths on Tuesday stood at 1,140, with most deaths reported on Monday: 1,338.

    This is the highest surge Indonesia has seen in deaths due to Covid-19 since the pandemic started last year.