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Middle East

Saudi Arabian airlines domestic flights to resume from May 31

CAIRO (Middle East) – Saudi Arabian airlines intend on resuming some domestic flights starting Sunday. Saudi Arabia begins to ease coronavirus containment measures. In the first phase, sixty flights will resume a day. Domestic travel bans, mosque prayers, and government and private sector workplace attendance will be lifted from May 31. (Photo syndicated via
Business

Saudi Aramco is on track with SABIC stake acquisition

DUBAI (Business) – Saudi Aramco’s planned acquisition of 70% equity stake in SABIC from the Public Investment Fund (PIF) is on track to be completed in the second quarter. The Aramco statement was made in response to a story mentioning that Aramco is looking for deal restructuring for a controlling stake in SABIC, after the […]
Middle East

The Middle East faces an expatriate exodus

DUBAI/RIYADH (Middle East) – A popular Saudi talk show host told private businesses this week it was their national duty to lay off foreign rather than local employees, warning that the dominance of Saudi Arabia’s workforce by expatriates was a “real danger”. Khaled al-Oqaily’s comments on his daily TV show encapsulated the dilemma faced by
Middle East

Saudi-led coalition extends Yemen ceasefire by one month

DUBAI (Middle East) – The Saudi-led coalition on Friday said it was extending a unilateral ceasefire in Yemen by one month to support efforts to contain the coronavirus pandemic, the state-run Saudi Press Agency (SPA) reported, citing a coalition spokesman. A two-week ceasefire announced by the coalition that is battling the Iran-aligned Houthi group in […]