Saudi Arabia?s oil revenues dropped by 24 per cent in Q1 2020 compared to the corresponding period of 2019, according to Jadwa Investment?s report on the Kingdom?s Q1 2020 Budget Statement
Technology
IsDB and ITFC launch an e-learning platform for medical teams across Africa

The Response, Restore and Restart COVID-19 Strategic Program will help start a dialogue between medical teams as well as scenario mapping of affected areas. (Image source: International Islamic Trade Finance Corporation)
The Islamic Development Bank (IsDB) and the International Islamic Trade Finance Corporation (ITFC), in collaboration with the Moroccan Society of Anaesthesia, Analgesia and Resuscitation (SMAAR), have decided to launch an online platform as a response to the pandemic
APICORP announces US$500mn COVID-19 recovery package
The Arab Petroleum Investments Corporation (APICORP) has launched a US$500mn countercyclical support package aimed at supporting its clients in the energy sector to mitigate the COVID-19 impact
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IEC Telecom?s OneGate Aid Compact to support critical communications
Satellite communications specialist IEC Telecom has introduced satellite-based networking management solution OneGate Aid Compact to improve the efficiency of first responders in regional communities across the Middle East and Africa amid the COVID-19 pandemic