Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Dec 22, 2020

Mideast Nations Close Borders Over Fears of Mutant Virus

STOCKS IN THIS STORY
Goenka Business & Finance Ltd.
--
Cosco (India) Ltd.
--
Nifty Top 20 Equal Weight
--
MSCI World
--
Pritika Auto Industries Ltd
--
Cons Discretionary Goods & Serv
--
BSE Healthcare
--
BSE Industrials
--
Mukat Pipes Ltd.
--
International Travel House Ltd.
--
Advance Lifestyles Ltd.
--

Countries in the Middle East moved to shutter borders on Monday amid fears over the fast-spreading new strain of the coronavirus that the U.K. has said is “out of control.”

Saudi Arabia, Kuwait and Oman halted international flights and closed borders for a week, while Israel won't allow foreigners -- with the exception of diplomats -- to enter the country. Israelis returning from the U.K., Denmark and South Africa will be sent to government-run quarantine sites.

United Arab Emirates' Etihad Airways temporally halted flights with the Gulf states of Saudi Arabia, Kuwait and Oman effective immediately to “curb the spread” of the virus, state-run WAM reported. Air traffic between the U.K. and Dubai had been expected to climb by a third in December following the creation of a travel corridor.

All major stock indexes in the region dropped, in line with global markets. Dubai's main equities index led the losses, slumping the most in more than seven months, on concerns that additional travel curbs may inflict further damage on the emirate's tourism sector.

In Africa, Morocco, Tunisia and Algeria halted all flights to and from the U.K. Tunisia also suspended flights to and from Australia and South Africa. Sudan banned inbound flights from U.K., Holland and South Africa.

Airlines:

  • Sharjah-based Air Arabia said on Monday it will halt flights from Morocco to the U.K. until further notice
  • Abu Dhabi-based Etihad said it'd require all passengers from the U.K. to present a negative PCR test within 72 hours validity of their flight departure from Dec. 24
Read more:
Europe Moves to Isolate U.K. as Mutant Virus Ruins Christmas
Why the U.K.'s Mutated Coronavirus Is Fanning Worries: QuickTake
Saudi Minister Gets Covid Vaccine as Kingdom Offers Free Shots

©2020 Bloomberg L.P.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search