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Saudi desert offers respite from virus lockdown
As Saudi Arabia suspended international flights and shuttered entertainment venues this weekend over coronavirus fears, locals and residents once again turned to wide-open desert spaces for recreation, including the breathtaking “Edge of the World.” There has been a surge of interest in getaways to the rugged desert just outside the capital Riyadh, guides say.
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Oil Slumps to Lowest Since 2016 as Demand Collapse Triggers Rout
Oil’s spectacular collapse deepened as widening global efforts to fight the spread of the coronavirus looked set to trigger the most severe contraction in annual oil demand in history. Futures tumbled as much as 11% after losing a quarter of their value last week. Demand for jet fuel, gasoline and diesel is falling off a cliff as a result of global action to prevent the spread of coronavirus, with gasoline futures reaching their weakest level since at least 2005.
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Saudi Arabia suspends government work
Saudi Arabia has temporarily suspended government work and ordered public-sector workers to stay home for 16 days in the Kingdom’s latest measures against the spread of coronavirus. Only those working in health, security and the military are exempted from the decision to stop people attending the work place.
- Arab News - Saudi Arabia closes malls, restaurants orders government employees to stay home
- Reuters - Saudi Arabia restricts movement, other Gulf states limit entry as coronavirus spreads
- Arab News - Saudi Health Ministry grants pregnant women sick leave to avoid virus risks
- Saudi Gazette - Games, recreational areas in and around malls closed
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Saudi Law Granted Women New Freedoms. Their Families Don’t Always Agree.
Triumphs that might seem trivial outside the kingdom loom huge within it, especially in the small cities and villages where most Saudis live, far from cosmopolitan Riyadh and Jeddah.
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Saudi central bank announces $13b financing package to help SMEs
The funding from the Saudi Arabian Monetary Authority (SAMA) is aimed at granting SMEs six-month deferrals on bank payments, concessional financing and exemptions from the costs of a loan guarantee programme.
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Saudis Detain 298 Government Employees in Corruption Probe
The total sum of misused funds amounted to 379 million riyals ($101 million), Nazaha said in a series of tweets on Sunday. Those detained include retired defense ministry officers, Interior Ministry officials and two judges, it added.
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Where to Watch Football in Saudi
Al Hilal is currently the country’s - and Asia’s - most decorated club, while other established clubs include Al Nassr, Al Ahli, Al Ittihad, Al Shabab, Al Ittifaq, and Al Qadsiyah, all of which boast rich histories and multiple Saudi Professional League titles.
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Aramco to cut capital spending over coronavirus; 2019 profits plunge
Saudi Aramco on Sunday said it plans to cut capital spending in the wake of the coronavirus outbreak, and also posted a plunge in profit for last year, missing forecasts in its first earnings announcement as a listed company.
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China’s industrial output, retail sales contract
Industrial production for January and February shrank 13.5%, the first contraction in about 30 years. This was markedly worse than a Bloomberg poll of analysts which forecasted a 3% drop on-year.
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Coronavirus deaths and infections globally surpass China
The number of deaths from the novel coronavirus in other countries has surpassed those inside China for the first time, according to an interactive map tracking the outbreak of the virus from Johns Hopkins University.
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