Middle-east Arab News Opinion | Asharq Al-awsat

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Fouad Masoum, Iraq’s newly elected president, speaks during a news conference in Baghdad, July 24, 2014. (REUTERS/Ahmed Saad)

Iraqi President Fuad Masoum renounces British nationality

by Hamza Mustafa | Dec 29, 2014 | Middle East

Baghdad, Asharq Al-Awsat—Iraqi President Fuad Masoum has completed the final legal procedures formally renouncing his British nationality and citizenship in line with the requirements of the Iraqi constitution, which stipulates that “sovereign officials” cannot hold...

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This file photo shows oil tanks at the Saudi Aramco headquarters during a media tour at Damam city, Saudi Arabia, on November 11, 2007. (Reuters/Ali Jareki/Files)

Opinion: Will We Survive the Oil Crisis?

by Abdulrahman Al-Rashed | Dec 29, 2014 | Opinion

Saudi Arabia, like all other oil exporting countries, has lost 50 percent of its national revenues since the price of oil fell sharply, leveling out at around 60 US dollars per barrel. However, this shocking state of affairs is transitory. The Saudi government is...

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Dubai’s Crown Prince, Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum. (Asharq Al-Awsat)

Dubai Crown Prince: We aim to be at the global forefront by 2021

by Musaid Al-Zayani | Dec 29, 2014 | Business

Dubai, Asharq Al-Awsat—In 2007, the Vice President and Prime Minister of the UAE and constitutional monarch of Dubai, Sheikh Mohammed Bin Rashid Al Maktoum, launched an ambitious eight-year plan, the Dubai Strategic Plan 2015, aiming to make Dubai a smart,...