Emirates, the largest airline in the Middle East, said Monday it had so far returned $1.4 billion in refunds to customers amid sharply reduced global travel due to the coronavirus pandemic. "Emirates reveals that is has returned over 5 billion dirhams in Covid-19 related travel refunds,"...

Annual trade between Israel and the United Arab Emirates is expected to reach $4 billion, an Israeli minister said Monday. Israel and the UAE announced in August they would normalize diplomatic relations in a deal brokered by Washington. The UAE has since announced it was scrapping an...

Morocco imposed a lockdown on Casablanca and shut its schools Monday, the day they were supposed to reopen after summer, in a bid to stop the spread of Covid-19. The new measures, which include restrictions on movement and a night-time curfew, would be in place for two weeks in the...

Oil prices were trading down more than 1% on Monday after hitting their lowest since July, as Saudi Arabia made the deepest monthly price cuts for supply to Asia in five months and optimism about demand recovery cooled amid the pandemic. Brent crude LCOc1 was at $42.11 a barrel, down 55...