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Dubai to reopen malls and private businesses

Dubai will allow the full reopening of malls and private businesses starting Wednesday, its media office said, after the gleaming United Arab Emirates business hub began easing restrictions last month. Some retail and wholesale businesses reopened in May, subject to sterilization operations...

Emirates could take four years to return to normal: chief

It could take up to four years for Emirates airline's operations to return "to some degree of normality", its president said Monday, a day after it announced job cuts over the coronavirus crisis. The Middle East's largest carrier, which has a 100,000-strong staff and a fleet of 270...

Saudi Arabia may raise July oil prices to Asia: survey

Top oil exporter Saudi Arabia is expected to raise its official selling price (OSP) for all grades it sells to Asia in July, to track a jump in Middle East benchmarks although overall weak refining margins could cap price gains, industry sources said. Saudi Arabia is expected to increase...