Saudi Arabia and China sign $265m deal to fight coronavirus

  • Date: 27-Apr-2020
  • Source: Arab News
  • Sector:Economy
  • Country:Saudi Arabia
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Saudi Arabia and China sign $265m deal to fight coronavirus

JEDDAH: Saudi Arabia and China have signed a $265 million agreement to fight the COVID-19 pandemic.. BGI will provide the equipment for conducting 9,000,000 COVID-19 tests, and includes the provision of devices and supplies, with 500 experts, specialists and technicians conducting the tests.. Six regional labs will be established under the agreement: 50,000 daily tests will be conducted to diagnose COVID-19 cases, conduct community based testing and will include a mobile laboratory with a production capacity of 10,000 tests daily - a number which can be doubled.. Chinese specialists will also train Saudi cadres and conduct daily comprehensive field tests and ensure their quality for eight months.. The agreement highlights the commitment of mutual assistance between China and Saudi Arabia, and will represent a start for the further development of health care cooperation.. Lebanon's top Christian cleric backs central bank governor as currency tumbles /node/1665341/business-economy. Lebanon's top Christian cleric backs central bank governor as currency tumbles. Currency changers have gone on strike and the parliament speaker urged the government to use "legal powers" to halt the fall in the pound.