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Saudi Arabia to launch $4 billion tourism development fund

 Saudi Arabia plans to start a tourism development fund with an initial capital investment of $4 billion, the ministry of tourism said on Sunday. The Tourism Development Fund will launch equity and debt investment vehicles to develop the tourism sector in collaboration with private and...

Long-dreaded virus increase hits Iraq as new cases soar

In Baghdad’s vast exhibition grounds, masked workers lugged hospital beds into rows for makeshift coronavirus wards, as doctors and officials sounded the alarm Sunday over a surge in virus cases in the capital. The long-dreaded scenario is gripping the country amid a severe economic...