Airlines shrink UK schedules over fresh lockdowns
The fast spreading virus strain is affecting industries, and it seems like aviation is about to take a hit again...
Tag : coronavirus
Covax accepts South Africa’s entry with R283 mn payment
The National Department of Health and the Solidarity Fund announced that South Africa has made a down payment of R283 million to secure the country’s entry into the Covax facility. South Africa’s decision to make a down payment is in accordance with the fund’s previous allocation of funds, media reports said. The department and the...
Kenyan healthtech startup IIara Health to expand into Africa
The startup raised $3.75 million in its Series A funding round...
Kuwait bans UK flights after new virus strain found
Kuwait’s civil aviation authority has added the UK to its high-risk list of countries...
Philippines to increase microinsurance by 2022
Currently, there are around 48.22 million Filipinos covered by microinsurance, and the number will increase to 50 million...
Saudi Arabia announces $263.91 bn budget for 2021
The Kingdom will spend 7% less than estimated spending for this year...
Brent oil prices to pick up to $47 per barrel in 2021: IIF
Higher global oil inventory levels and surplus crude oil production capacity to limit upward pressure on oil prices...
Kuwait Oil Company set to award $754 mn contracts
The contracts are part of KOC’s efforts to expand its drilling, exploration and development operations...
Alibaba’s Cainiao is discussing logistics with Chinese vaccine makers
The company has established a partnership with Ethiopian Airlines to transport the vaccine to the Middle East and Africa...
UK’s economic recovery to be among world’s slowest: OECD
By the end of 2021, Britain’s economy would still be 6.4% smaller than it was in Q42019...