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Posted on June 30, 2020

Uzbekistan imposes new restrictions as COVID-19 cases rise again

Uzbekistan has imposed an overnight curfew in some parts of the country, including the capital Tashkent, as it seeks to curb a fresh rise in COVID-19 infections following the gradual lifting of a ... ( read original story ...)

Posted on June 30, 2020

Uzbekistan resumes some COVID-19 lockdown measures

The commission, which has divided the country into red, yellow and green zones depending on the level of severity of COVID-19 spread early this month, said residents are not allowed outside their ... ( read original story ...)

Posted on June 30, 2020

IMF economic forecasts more pessimistic than Saudi Arabia’s – c.bank governor

Saudi Arabia's central bank governor said the International Monetary Fund's economic contraction forecast for Saudi Arabia was "more pessimistic" than Saudi Arabia's own forecasts. ( read original story ...)

Posted on June 30, 2020

Saudi Arabia: 355 violations recorded ahead of VAT tax hike

Saudi authorities have recorded 355 tax violations during a large-scale campaign on retail stores in the run-up to the application of an added-value tax (VAT) increase due to takes effect as of ... ( read original story ...)

Posted on June 30, 2020

Saudi Arabia, UAE dominate top 100 family businesses in Middle East: Report

Saudi Arabia and the UAE dominate the list of the Middle East’s top 100 family businesses, according to Forbes Middle East, accounting for over half of all entries. Saudi Arabia topped the list with ... ( read original story ...)

Posted on June 30, 2020

Saudi Prince Calls OPEC Laggard Nigeria Amid Push for Oil Cuts

Saudi Arabia, de facto leader of the OPEC cartel, held a call with fellow member Nigeria as the organization strives to deliver production cuts aimed at bolstering global crude markets. ( read original story ...)

Posted on June 30, 2020

Saudi Arabia Hands Megacity PR Mandate To Ruder Finn

Ruder Finn has been hired by Saudi Arabia to handle CSR and sustainability work for Neom , the $500bn megacity that Crown Prince Mohammed bin Salman has planned for the country's Northwest coast. ( read original story ...)

Posted on June 30, 2020

Saudi Arabia breaks ground for $20bln Diriyah Gate project

Saudi Arabia announced on Monday the ground-breaking of the first phase of 75 billion Saudi riyals ($20 billion) Diriyah Gate cultural and heritage project in Riyadh. Diriyah Gate Development ... ( read original story ...)

Posted on June 30, 2020

Saudi Arabia’s Q1 GDP contracts by 1% as oil sector takes a hit

Saudi Arabia's Gross Domestic Product (GDP) contracted by one percent in the first quarter compared to 1.7 percent in the same quarter last year, according to preliminary estimates from the General ... ( read original story ...)

Posted on June 30, 2020

Saudi Arabia’s economy contracts by 1% in first quarter amid oil plunge

Saudi Arabia's economy contracted by 1% in the first quarter, official data showed on Tuesday, but the figures only marginally captured the collapse in oil prices and the coronavirus crisis, which ... ( read original story ...)

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