The decision is said to have come at a meeting of Oman’s Supreme Committee tasked with tackling developments resulting from Covid-19.

Morocco’s new government aims to narrow the wealth gap in the country where unemployment is running at almost 13 percent. The economic recovery is expected to continue, although the pandemic may leave some scars.

During the tour, Gates was briefed on the ‘Ideabatic’, a low-cost innovation developed by Kitty Liao of the UK.

The WHO has made a ‘strong recommendation’ against the use of blood plasma in people who do not have serious Covid-19 symptoms.

The lead developer of the Oxford/AstraZeneca coronavirus vaccine warned the next pandemic could be "more lethal", urging better preparedness in a speech set to be aired Monday.

Governments around the world passed measures to help their big weapons firms, according to the Stockholm International Peace Research Institute (Sipri).

During 16 years in power, she navigated Germany through the 2008 financial turmoil and ensuing eurozone debt crisis, the 2015 refugee influx and then the Covid-19 pandemic.

The bank said it was confident that the global bottlenecks would continue to improve over the coming year. ‘We expect this to reduce the pressure currently being felt by global central banks, enabling them to keep interest rates lower for longer,’ it said.

‘The delivery sector has become critical to the hospitality industry's survival,’ says Deliverect Middle East General Manager Naji Haddad.

The OPEC+ alliance led by Saudi Arabia and Russia had so far resisted US-led pressure to significantly boost output to rein in surging energy prices.

The annual appeal by UN agencies and other humanitarian organisations said that providing aid to the 183 million most vulnerable people across 63 countries next year would require $41 billion.

Nations with high vaccination rates are also struggling to contain rising infection numbers of Covid-19.

Saudi Arabi on Wednesday recorded its first case of Omicron variant infection, in a citizen its health ministry said had come from a North African country. Hours later, the UAE announced it too had detected the strain within its borders, in an ‘African woman arriving from an African country via...

All travelers flying to Canada need to be tested at the airport upon landing except for the US.

Fed chief Jerome Powell has said the new strain could also heighten uncertainty regarding inflation.

WHO director-general Tedros Adhanom Ghebreyesus said another disastrous pandemic was bound to happen unless countries strengthened global defenses.

International tourist arrivals will this year remain 70-75 percent below the 1.5 billion arrivals recorded in 2019, before the pandemic hit, says the UNWTO.

As the world looks to pare inflation, it is facing headwinds from the high freight rates currently prevalent all across the globe.

The Omicron variant of Covid-19 has led to travel restrictions, which has forced the WTO to postpone the ministerial conference in Geneva. The WTO hoped the four-day gathering would breathe new life into the organization, which has been stuck for years trying to make progress on resolving issues like fishery...

The entire population of the UAE has received at least one dose of a vaccine against Covid-19. The country has so far recorded more than 741,000 cases of Covid-19, including 2,145 deaths. IT said last month it had overcome the pandemic as it saw the lowest infection numbers since its...

Middle East markets were spared the November 26 bloodbath because they were closed on Friday and Saturday.

WHO says the new variant ‘has a large number of mutations, some of which are concerning.’

The head of the IEA has called on OPEC and its allies to take measures to help bring oil prices down to ‘reasonable levels’.

The two countries signed a Memorandum of Understanding in this regard in Riyadh on Thursday, November 18.

Twelve months before the 21 November, 2022 kick-off, the Qatari capital Doha is dotted with roadworks and building sites that are causing chaos for its inhabitants.

Aviation giant Emirates expects to return to profitability "in the next 18 months" as the sector bounces back from the Covid pandemic, its president Tim Clark said Tuesday. The Dubai-based carrier said last week it was on the path to recovery as six-month losses dropped by more than half from...

The global aviation sector has begun to emerge from the Covid pandemic, its worst-ever crisis, and the "outlook is starting to brighten", Airbus CEO Guillaume Faury told journalists Monday. A large order of 255 of Airbus' single-aisle A231 planes announced Sunday at the Dubai Airshow "completely justifies" a shift to...

About 88 percent of the affluent people in the UAE have reset their life goals following the Corona pandemic, and 43 percent of them feel the pandemic has made them less confident to utilize their finances for achieving goals, a Standard Chartered survey has found. The bank surveyed affluent, emerging...

The fourth US-Qatar Strategic Dialogue led to both sides discussing to several economic, commercial, regional, and humanitarian issues.

Xi's call came hours after China and the United States announced a surprise pact to accelerate climate action at a summit in Glasgow.

UAE firms are expected to hire more staff and increase salaries next year to attract and retain talents as the economic conditions improves, according to a report by Mercer.

With the Covid infection tapering off in Saudi Arabia, there has been a reasonable increase in hotel occupancy rates in the kingdom, and the future looks more sanguine as the pandemic restrictions have been gradually removed, according to a study by CBRE.

Net profit for the third quarter stood at AED 32 million.

Sebastien Bazin, head of the world's sixth-largest hotel group, said on French radio station RMC that Accor currently lacks at least 2,000 employees in France.

Compared to the growth of only 0.7 percent in the second quarter of this year, Saudi Arabia's economy is likely to have grown by about 5.7 percent in the third quarter. The spurt in growth is thanks to a robust hydrocarbon sector output, London-based Capital Economics said in a report...

Pfizer said Friday that a clinical trial of its pill to treat Covid-19 had shown it is highly effective, hailing it is as a big step toward ending the pandemic. 

The new five-pillar plan apparently aligns with Bahrain’s Economic Vision 2030 and its intention to achieve net-zero carbon emissions by 2060.

The net profit rose 10.61% in comparison to last year.

Russian tourists are finally returning to the Red Sea resort of Sharm el-Sheikh six years after a terrorist strike.

The Ministry of Interior of Jordan has confirmed that strict measures will be taken against expatriates who did not receive the two doses of the Covid-19 vaccine. In a statement, the ministry has said unvaccinated expatriates would be deported starting from the December 15.

In June, the government passed the budget for 2021-22, which projected spending of US$ 76 billion and a deficit of US$ 40 billion.

The emirate is expected to see a growth of around 2.5 percent between 2021 and 2024.

WHO chief Tedros Adhanom Ghebreyesus bluntly told the G20 they could no longer leave poorer countries hanging in the pandemic.

The tourism and travel sector in the Middle East is expected to grow 27.1 percent in 2021, a little behind the global average of 30.7 percent.

The money is coming in through the SFD, a Saudi government agency that usually finances social and infrastructure projects in developing countries.

Box office revenue in the Middle East made the fastest recovery in the world, from $250 million in 2020 to over $800 million it is set to cross this year. The revenue is expected to continue to rise, reaching $1 billion in 2022 and $1.3 billion in 2024, research has...

The UAE was among the first countries to return to normalcy after the pandemic and is currently hosting Expo 2020 Dubai, said Mohammed Al Tair.

The market, which reportedly aims to promote Bahrain’s agricultural products and highlight the development taking place in the country’s agricultural sector, is returning after a one-year hiatus caused by the Covid-19 pandemic. It will be held at the Budaiya Botanical Garden in December.

The competent authorities in the two countries will be able to develop specific procedures ensuring the unrestricted movement of vaccinated individuals. This is apparently part of the efforts made by the two countries’ governments to facilitate the safe movement of travelers under the Covid-19 pandemic.

Kuwait International Airport will gradually operate commercial flights for all aviation companies.