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ANALYSIS-Saudi Arabia eyes Dubai's crown with HQ ultimatum

SAUDI-ECONOMY/EMIRATES (ANALYSIS, PIX):ANALYSIS-Saudi Arabia eyes Dubai's crown with HQ ultimatum ....

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Analysis: Saudi Arabia eyes Dubai's crown with HQ ultimatum

6 Min Read
DUBAI (Reuters) - Saudi Arabia has raised the stakes in a competition with freewheeling Dubai for foreign talent and cash.
FILE PHOTO: A Saudi man walks past a logo of the Future Investment Initiative ahead of the opening ceremony of the fourth annual conference in Riyadh, Saudi Arabia January 27, 2021. REUTERS/Ahmed Yosri/File Photo
From 2024, the Saudi government will stop giving state contracts to companies and commercial institutions that base their Middle East hubs in any other country in the region, the Saudi finance minister told Reuters.
The measure is the latest attempt by the kingdom, a religiously conservative nation that is the birthplace of Islam, to remould itself as a financial and tourism hub under the leadership of de facto ruler Crown Prince Mohammed bin Salman. ....

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Dubai counts the cost of its New Year parties

After throwing its doors open to partygoers over the New Year, Dubai is now facing the economic cost of surging coronavirus cases as flight bans threaten its £23 billion tourism sector. Britain last night placed an outright travel ban on the Middle East party haven where the New Year revelry has been blamed for a spike in infections. Denmark also shut down flights last week while Germany is now requiring negative tests for travellers from the. ....

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Coronavirus updates LIVE: More than 900 people died a day from Covid-19 in first two weeks of 2021

Coronavirus updates LIVE: More than 900 people died a day from Covid-19 in first two weeks of 2021
chroniclelive.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chroniclelive.co.uk Daily Mail and Mail on Sunday newspapers.

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Dubai blamed for COVID cases abroad after tourists bring variants home

DUBAI, United Arab Emirates – After opening itself to New Year’s revelers, Dubai is now being blamed by several countries for spreading the coronavirus abroad, even as questions swirl about the city-state’s ability to handle reported record spikes in cases.
The government’s Dubai Media Office says the sheikhdom is doing all it can to handle the pandemic, though it has repeatedly declined to answer questions from The Associated Press about its hospital capacity.
“After a year of managing the pandemic, we can confidently say the current situation is under control and we have our plans to surge any capacity in the health care system should a need rise,” it said. ....

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