Emirates to operate special flights to Saudi Arabia amid coronavirus concerns

Emirates to operate special flights to Saudi Arabia amid coronavirus concerns

The flights from Dubai to Riyadh, Jeddah and Dammam are open only to Saudi nationals, while other nationals holding permits for the G20 Summit will be allowed to travel to Riyadh only, the statement from Emirates added.. Meanwhile return Emirates flights from the three Saudi airports will only be open to non-Saudi nationals.. Lebanon's private creditors face significant losses, Moody's warns /node/1639516/business-economy. Lebanon's announcement involved the halting of a payment of $1.2 billion on a Eurobond maturing on March 9.. Fitch said a failure by Lebanon to make the principal payment during the seven-day grace period will put the sovereign into 'restricted default' and the bond into 'default'.. Lebanon's balance of payments has worsened in recent years as the war in Syria has closed trade routes and led to an influx of refugees.. The very low level of foreign exchange reserves meant the pressure on the Lebanese pound is acute, Moody's said, adding that it pointed to a possible abrupt and very large change in the exchange rate..