German Finance Minister Olaf Scholz and Saudi Minister for Finance Mohammed Al Jadaan walk to the G20 meeting hall in Riyadh on Saturday. Reuters
In a statement issued on Tuesday by the Kingdom, the G20 will act, alongside international organisations, in any way deemed necessary to alleviate the impact of the pandemic. G20 Leaders will put forward a coordinated set of policies to protect people and safeguard the global economy.
G20 finance ministers and central bankers agreed during a separate video conference on Monday to develop an "action plan" to respond to the outbreak, which the International Monetary Fund expects will trigger a global recession.
The Kingdom of Saudi Arabia will host the 15th annual G20 Leaders' Summit in November 2020 in its capital, Riyadh.
Etisalat, from Emirates Telecommunication Group Company and, du, from Emirates Integrated Telecommunications Company (EITC), have announced the finalisation of their master developer agreements (MDA) with Emaar Properties,
The DED Trader licence, launched by the Business Registration & Licensing (BRL) sector of Dubai Economy (DED) to license freelancers at their place of residence in Dubai and enable start-ups to conduct business activities online
Rising trade deficit along with chances of a populist budget might dampen rupee’s prospects during the coming week. Nevertheless, persistent interest of Foreign institutional investors (FIIs) in India’s equity market will arrest any sharp depreciation moves.