G20 nations are looking at various policy tools to boost the global economy amid the pandemic, with these countries also looking at extending debt relief for some of the world’s poorest nations.
Russia considers Saudi Arabia as trial site for COVID-19 vaccine
Russia may use Saudi Arabia as a trial site for its experimental coronavirus vaccine, the head of Moscow’s sovereign wealth fund said this week. A 100-person trial of a Russian-manufactured vaccine is …
Saudi Arabia’s WTO candidate says reform necessary for organisation
GENEVA, 17th July, 2020 (WAM) — Saudi Arabia’s candidate to head the World Trade Organisation (WTO) said on Friday that the organisation was in a state of stagnation and that reform was necessary.
Power China projects bring prosperity to host nations
Its projects in Bosnia and Herzegovina, Iraq, the Democratic Republic of Congo, Zimbabwe, Saudi Arabia, Laos and elsewhere are back on track. At the beginning stage of the COVID-19 pandemic, Power …
Syria: Victory Dies In The Darkness
July 16, 2020: The U.S. and Saudi Arabia, along with five other Persian Gulf Arab states, announced a coordinated series of sanctions against three money transfer companies plus individuals in Turkey …
IMF did not recommend Saudi Arabia VAT tripling, official says
The International Monetary Fund did not recommend the decision taken by Saudi Arabia to triple value-added tax this month, an official said, cautioning against increasing consumption taxes in the …
Saudi Arabia, US blacklist targets in Turkey, Syria for terrorist financing of ISIS
File photo of smoke rising in Syria’s Raqqa in 2017 during fights between the Syrian Democratic Forces (SDF) and ISIS militants. (Reuters) Saudi Arabia added six entities, including money transfer …
Investments into startups in Saudi Arabia soar by 102% to $95m in first half of year
Startups in Saudi Arabia have seen a 102% year-on-year increase in funding in the first half of the year to $95m, amid Covid-19 pandemic. According to a MAGNiTT report sponsored by Saudi Venture …
UN: Migrants in Yemen are blamed for virus, stranded, abused
Over the course of Yemen’s civil war, African migrants determined to reach oil-rich Saudi Arabia have endured unspeakable cruelties – torture, rape, detention, extortion – …
UN’s top court backs Qatar in airspace row with Saudi Arabia
The International Court of Justice has come down in favor of Qatar in a bitter regional row over airspace. It rejected an appeal by four neighbors against a previous ruling by the UN’s civil aviation …