Saudi Pharmaceutical Industries and Medical Appliances Corp. signed a non-binding memorandum of understanding with German biotech company CureVac NV to provide a Covid-19 vaccine in Saudi Arabia.
Saudi Telecom Co., the biggest mobile operator in the Middle East, said its chief executive officer resigned after just over two years in the role.
With the U.K. economy suffering more from the coronavirus than most advanced nations, the stakes couldn’t be higher as Brexit trade negotiations enter their endgame.
South African retailers including The Foschini Group Ltd. and Woolworths Holdings Ltd. are increasing investment in local clothing manufacturers -- both to reduce a dependency on Chinese imports and secure a supply chain thrown into disarray by Covid-19 restrictions.
As OPEC+ ministers gather virtually this week, the city that traditionally hosts their meetings will be locked down. Vienna’s Christmas markets will be closed, the famous Ringstrasse boulevard silent. For oil ministers, the scene should urge caution.
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