DUBAI: The UAE has recorded 1,512 new coronavirus cases after conducting 178,521 tests, state news agency WAM reported. The total number of infections in the country now stands at 557,619, since the pandemic began the health ministry said. It added that three people died from coronavirus complications, raising the fatality rate to 1,654. The UAE has also confirmed 1,481
SINGAPORE: Oil prices recouped some of last week’s losses on Monday as a potential snag emerged in reviving the 2015 Iran nuclear deal that could add more oil supply, with indirect talks between Washington and Tehran due to resume this week. Brent crude oil futures for July rose 38 cents, or 0.6 percent, to $66.82 a barrel by 0501 GMT, while US West Texas Intermediate for July
BEIRUT: Pizza Hut could re-open in Lebanon within six months after the chain was forced to close its outlets in the country, said its country boss.
General Manager Riad Sabbagh revealed that a Lebanese expatriate investor based in Africa may help to revive the business, in an exclusive interview with Arab News.
“We faced an issue in importing our raw materials and transferring our money abroad and we tried to resist the pandemic impact as much as possible,” he said in a telephone interview from Beirut. “There will be a return to Lebanon within five to six months. Pizza Hut agency owners found another investor, a Lebanese investor who works in the restaurant field in Africa, who can take the lead in Lebanon.”
Black fungus infection not a variant of COVID-19: Saudi health ministry
A total of 1,067 new cases were reported by Saudi Arabia’s Ministry of Health on Sunday, taking the total number of cases to 440,914
Ministry rejected claims that residents will not receive their second doses
Updated 24 May 2021
May 23, 2021 23:53
JEDDAH: Saudi Arabia’s Ministry of Health (MOH) has said that no infections of “black fungus” have been detected in the Kingdom.
Dr. Mohammed Al-Abd Al-Aly, Saudi Arabia’s ministry of health spokesman, refuted claims that mucormycosis, a rare and potentially deadly infection also known as black fungus, was a variant of COVID-19 or had any affiliation with it. He said that the fungus was caused by a mold found in damp environments that caused respiratory tract infections but was not contagious.
RIYADH: Orascom Construction expects performance to improve in the second quarter despite persistent inflation that has forced up the price of building materials.
The performance of Belgian’s Besix Construction company, half-owned by Orascom, was hampered by the pandemic in Europe, CEO Osama Bishai told Al Arabiya.
Activity was also subdued because of the European winter but is expected to pick up in the second and third quarters as the industry gets going again, he said.
The construction boss also flagged the impact of rampant inflation that is already stoking price increases from timber to concrete.
“Supply chains will not be able to secure resources at the same time, and we will enter a bottleneck that will raise prices,” he said. “We advise all of our customers to speed up their decisions, so that we do not have a difficult year of inflation,” he added.