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Gulf Arab Region

Saudi cordons off Shiite-majority region over coronavirus

Saudi authorities Sunday cordoned off the eastern region of Qatif, a centre of the kingdom's Shiite minority, in a bid to contain the fast-spreading coronavirus as the total number of cases rose to 11. The lockdown on Qatif, home to around 500,000 people, is the first action of its kind...

Gulf shares slump after OPEC disagrees on virus response

Shares in the energy-dependent Gulf plunged to multi-year lows Sunday after OPEC and its allies failed to clinch a deal on production cuts to support prices that have been hit by the novel coronavirus. The Saudi stock market, the largest in the region, dived by 7.7 percent minutes from the...