Latest developments: Qatar Airways records nearly $ 2 billion in losses

Latest developments: Qatar Airways records nearly $ 2 billion in losses
Latest developments: Qatar Airways records nearly $ 2 billion in losses
Qatar Airways has been keen not to reduce its flights to less than 30 destinations throughout the period of the Coronavirus pandemic and since the middle of this month it has started operating more than 650 weekly flights to more than 90 global destinations, according to the same report, but this is less than the company’s return destinations to more than 150. A destination as the company says on its website. Qatar Airways was established in 1997, according to the company’s website.

For more coverage of the Arabic Zawyah about Qatar: Qatar Airways signs a financing agreement worth $ 850 million

Saudi

Saudi Arabia announced that the summit of leaders of the G20 countries for this year, chaired by the Kingdom, will be held by default on the date specified on November 21 and 22, according to Sky News Arabia on Monday.

What is the G20?

The G20 is a global forum for economic cooperation. The G20 member states represent about 80% of global economic output. Among the most prominent members of the group: the United States, France, Britain, Germany, China, Russia, Saudi Arabia, and others.

For more coverage of the Arabic corner on Saudi Arabia: The International Monetary Fund lowers its forecast for the growth of the Saudi economy

UAE

The UAE’s ADNOC Logistics and Services Company, the shipping and maritime logistics arm of the ADNOC Group, on Sunday obtained a 25-year license to provide transportation and shipping services for products at the oil ports in Abu Dhabi, according to the Emirates News Agency.

For more coverage of the Arabic Zawya about ADNOC: ADNOC and Abu Dhabi Energy Corporation issue a joint tender

the two seas

The Bahraini Ministry of Finance said that the value of imports increased last August by 88.1% compared to last July, according to a statement published on the official Bahrain News Agency website on Sunday.

The ministry indicated that signs of recovery in the trade sector began to appear with the increase in the number of trucks issued through the King Fahd Causeway linking Bahrain to Saudi Arabia, where these trucks recorded an increase of 21.5% during the month of August compared to last July.

For more coverage of the Arabic Corner on Bahrain: Bahrain reduces the expenses of ministries and government agencies by 30 percent

Lebanon

French President Emmanuel Macron said that he will organize a new conference with the United Nations and international partners to follow up the conference that was held to benefit from international aid to Lebanon, according to what the Lebanese News Agency said on Sunday.

Macron made it clear that this is the first step for the reconstruction of Lebanon after the Beirut port explosion, and that forming a new government and undertaking reforms are the basic condition for Lebanon to benefit from international aid, according to the Lebanese Agency’s website.

Mustafa Adeeb, charged with forming the Lebanese government, apologized for not completing his mission on Saturday due to the lack of consensus, according to the official agency on Saturday.

For more on covering the Arabic corner about Lebanon: Lebanon what is happening and what is the solution

United State

Local authorities in Lake Jackson, Texas, have called on residents not to use water from the taps due to the possibility of contamination with a deadly brain-eating microbe, according to BBC Arabic on Sunday.

And the local water authority warned of the potential contamination of its supplies to the city of about 27 thousand people from this microbe, which is transmitted to humans through the nose and is usually fatal.

Infections with this type of microbe are rare in the United States, with only 34 infections recorded between 2009 and 2018.

For more coverage of the Arabic angle on the United States: Chronology: The USA’s Journey with the Coronavirus

Russia

Russian Energy Minister Alexander Novak said Sunday that global oil demand has declined this year by about 10% due to the Corona virus crisis, which prompted companies to reduce their investments in production by between 25% and 30%, according to Al Arabiya.

The Russian minister called on all stakeholders in the global energy sector to join efforts to face the repercussions of the spread of Corona, which weakened the demand for fuel.

For more coverage of the Arab Corner on oil: How does the Corona virus affect oil consumption and prices?

China

Last Saturday, China held, for the first time in 5 months, the Beijing International Auto Show after the spread of the Corona virus, which led to the cessation of various group events with the aim of preventing the transmission of infection between people, according to CNN Arabia on Sunday.

The Corona virus had begun to spread in China at the end of the year 2019, to become the epicenter of the epidemic, before it began to move from it to most countries of the world at the beginning of this year, according to global media reports.

For more coverage of the Arabic Corner on China: China records a surplus in its current account

(Prepared by: Muhammad Al-Hayek. Muhammad previously worked in several institutions, including the Kuwaiti newspaper Al-Rai and the Lebanese satellite channel, Future News)

(Editing by Yasmine Saleh, for contact: [email protected])

Zawya Arabi covers economic news and analysis on the Middle East and the Arabian Gulf, and uses simple Arabic.

© ZAWYA 2020

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