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Central bank to centralize parallel FX rate

Lebanon’s central bank said on Friday it was launching a foreign exchange unit to centralise the price of dollars for money-changers, part of efforts to rein in the parallel market as hard currency runs short amid a deepening financial crisis.

Central bank to centralize parallel FX rate

Lebanon’s central bank said on Friday it was launching a foreign exchange unit to centralise the price of dollars for money-changers, part of efforts to rein in the parallel market as hard currency runs short amid a deepening financial crisis.

Saudi king earmarks $2.4 bln for private-sector workers

Saudi Arabia's King Salman has ordered up to 9 billion riyals ($2.4 billion) to be disbursed to pay part of the wages of private-sector workers to deter companies from laying off staff, the state-run Saudi Press Agency reported on Friday.

OPEC+ meeting delayed, KSA and Russia clash

Saudi Arabia sharply criticized Russia on Saturday over what it described as Moscow blaming the kingdom for the collapse in global energy prices, showing the tensions ahead of an emergency meeting of OPEC and other oil producers.

What now for tennis in 2020?

Wimbledon cancelled for the first time since World War II and no resumption of the ATP and WTA Tours until July 13 at the earliest as the coronavirus continues to cause havoc.

Quibi aims for palmful of digital entertainment

There will be seven-day-a-week dollops of news, sports and weather, gathered under the umbrella name Daily Essentials, all adding up to a mind-boggling 175-plus programs planned for this year

Quibi aims for palmful of digital entertainment

There will be seven-day-a-week dollops of news, sports and weather, gathered under the umbrella name Daily Essentials, all adding up to a mind-boggling 175-plus programs planned for this year

‘Coffee & Kareem’: lewd buddy cop comedy

This is one of those all-or-nothing comedies that has no boundaries or shame. It is intentionally dopey and looking to push all possible buttons. Nothing is off the table -- race, sexual orientation, police brutality

‘Lean on Me’ writer Bill Withers dies at 81

His death comes as the public has drawn inspiration from his music during the coronavirus pandemic, with healthcare workers, choirs, artists and more posting their own renditions on “Lean on Me” to help get through the difficult times