Partial curfew lift will revive business activity, say experts

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Mon, 2020-04-27 02:03

RIYADH: Experts have welcomed a royal decree to partially lift the coronavirus curfew across Saudi Arabia, saying it will revive business activity and increase consumption. 

The decree means the curfew is off from 9 a.m to 5 p.m. from April 26 to May 13.

Saudi Arabia’s main stock exchange reacted positively to the decree to climb 3.54 percent, the most since March 10. Seven companies reached the daily limit of 10 percent, 194 companies closed up and only one company closed down.

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