AIRLINK 74.65 Increased By ▲ 0.36 (0.48%)
BOP 4.93 Decreased By ▼ -0.02 (-0.4%)
CNERGY 4.38 Increased By ▲ 0.01 (0.23%)
DFML 39.28 Increased By ▲ 0.48 (1.24%)
DGKC 84.90 Increased By ▲ 0.08 (0.09%)
FCCL 21.15 Decreased By ▼ -0.06 (-0.28%)
FFBL 33.75 Decreased By ▼ -0.37 (-1.08%)
FFL 9.68 Decreased By ▼ -0.02 (-0.21%)
GGL 10.46 Increased By ▲ 0.04 (0.38%)
HBL 112.62 Decreased By ▼ -0.38 (-0.34%)
HUBC 136.50 Increased By ▲ 0.30 (0.22%)
HUMNL 12.14 Increased By ▲ 0.24 (2.02%)
KEL 4.73 Increased By ▲ 0.02 (0.42%)
KOSM 4.49 Increased By ▲ 0.05 (1.13%)
MLCF 37.70 Increased By ▲ 0.05 (0.13%)
OGDC 136.25 Increased By ▲ 0.05 (0.04%)
PAEL 25.35 Increased By ▲ 0.25 (1%)
PIAA 19.85 Increased By ▲ 0.61 (3.17%)
PIBTL 6.65 Decreased By ▼ -0.06 (-0.89%)
PPL 121.70 Decreased By ▼ -0.40 (-0.33%)
PRL 26.70 Increased By ▲ 0.05 (0.19%)
PTC 13.88 Decreased By ▼ -0.05 (-0.36%)
SEARL 56.90 Decreased By ▼ -0.32 (-0.56%)
SNGP 67.05 Decreased By ▼ -0.55 (-0.81%)
SSGC 10.25 No Change ▼ 0.00 (0%)
TELE 8.38 Decreased By ▼ -0.02 (-0.24%)
TPLP 11.20 Increased By ▲ 0.07 (0.63%)
TRG 63.03 Increased By ▲ 0.22 (0.35%)
UNITY 26.40 Decreased By ▼ -0.10 (-0.38%)
WTL 1.37 Increased By ▲ 0.02 (1.48%)
BR100 7,800 Decreased By -10.7 (-0.14%)
BR30 25,145 Decreased By -4.8 (-0.02%)
KSE100 74,852 Decreased By -104.7 (-0.14%)
KSE30 24,058 Decreased By -25.6 (-0.11%)

Qatar said on Sunday it would ban non-Qataris from entering the country for two weeks as of Wednesday and announced measures to support the economy including providing 75 billion riyals ($20.5 billion) in financial incentives to the private sector.

The government will also instruct state funds to increase their investment in the local bourse by 10 billion riyals and the central bank will provide additional liquidity to banks and encourage them to provide a six-month grace period on loan payments and private sector obligations.

Other measures announced by government spokeswoman Lulwa Rashed al-Khater in a televised news conference include exempting food and medical goods from customs duties and exempting some sectors from paying utility fees for six months.

Qatar, which has been under a trade and travel boycott led by Saudi Arabia and its allies since mid-2017, has reported 401 cases of coronavirus, mostly among people under quarantine.

The government said it would ban inbound flights, with the exception of cargo and transit flights, starting Wednesday night for 14 days as part of measures to contain the spread of the infection. The entry ban does not apply to Qatari citizens.

Authorities also ordered a ban on all public transportation inside the country starting on Sunday night. All students at public schools are to start distance learning from March 22 while students at private schools and universities would do so according to their academic calendar.

Copyright Reuters, 2020

Comments

Comments are closed.