The number of Covid-19 cases in the Middle East and North Africa (Mena) region crossed 1,309,793 on 9 August, according to Worldometers data collated by MEED.
Countries in the GCC comprise 50.3 per cent of all regional cases.
Saudi Arabia has the highest number of cases in the GCC at 287,262. To date, 250,440 recoveries and 3,130 deaths have been confirmed in the kingdom.
On 8 August, the Saudi health ministry said an action plan is being developed to implement a clinical trial for the third phase of a vaccine against the coronavirus, in cooperation with the Chinese company Cansino.
The first and second phases of the trial were conducted in China. Studies in Saudi Arabia will target at least 5,000 healthy volunteers.
Work is under way to start the trials in Riyadh, Dammam and Mecca.
The update follows the UAE’s announcement last week regarding the third phase progress of its Covid-19 vaccine trial.
The country, which has confirmed 62,300 cases to date, with 56,245 recoveries and 356 deaths, has also upsized its economic support package this month.
The UAE’s Central Bank has expanded its Targeted Economic Support Scheme after reviewing the existing thresholds of the Net Stable Funding (NSFR) and the Advances to Stable Resources (ASRR) prudential ratios.
Requirements for the structural liquidity position of banks have been temporarily relaxed.
The changes affect the NSFR, which is mandatory for the five largest UAE banks, and the ASRR, which is applicable to all other banks, including foreign branches.
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(9 August 2020)
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