The Governor of the Central Bank of Iran said he has asked the International Monetary Fund for a $5 billion loan that would help the country deal with the outbreak of COVID-19, saying the IMF’s response will be a litmus test for claims about relief aid for containing the disease. ...
Stock markets in energy-rich Gulf states tumbled Thursday with Saudi shares down more than 4.0 percent following worldwide losses amid fears over the coronavirus pandemic and an oil price war. Dubai Financial Market dived more than 7.0 percent at the open on the last trading day of the week. Abu ...