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Mideast stocks extend drop shrugging off new measure

Equity markets in the Middle East extended losses Sunday despite regional governments trying to blunt the impact of coronavirus with economic stimulus measures. Abu Dhabi’s main gauge lost the most in the region, while shares in Dubai, Saudi Arabia, Qatar and Bahrain also fell. The losses...

Emirates Airlines suspends flights to dozens more cities

Dubai carrier Emirates Airlines announced Saturday it would suspend flights to dozens more cities, taking its total route closures past 100, in a bid to forestall the spread of coronavirus. The United Arab Emirates on Friday announced its first two deaths from the disease. Total...