Sanctions-hit Syrian tycoon Rami Makhlouf Sunday said that security forces are arresting employees at his diversified companies in what he said were "mounting pressures" on him days after Syrian authorities asked him to repay hefty taxes. "Today pressures began in an unacceptable ways and...

Saudi shares slumped 6.8 percent as trading opened Sunday, a day after the finance minister announced "painful" measures to tackle the economic impacts of the coronavirus pandemic. Almost all the listed stocks on the Arab world's largest bourse were in the red just minutes after the start...

Russia on Sunday reported a new record daily rise in coronavirus infections as the number of confirmed cases surged past 130,000. As some European countries were looking to gradually lift restrictions, officials in Moscow -- the epicentre of the contagion in Russia -- urged residents to...

Malls in the United Arab Emirates' capital Abu Dhabi began reopening to a restricted number of customers this weekend as the UAE eases lockdown measures imposed more than a month ago to combat the novel coronavirus. Three Abu Dhabi malls reopened on Saturday at 30 percent customer capacity...