Middle-east Arab News Opinion | Asharq Al-awsat

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Expectations that the Kingdom will increase its oil production soon to meet the customers’ demands, Asharq Al-Awsat

Saudi Oil Stockpiles Hit 18-Month Low in March as Output Flows

by Wael Mahdi | May 19, 2016 | Business

Khobar-Saudi Arabia’s crude oil stockpiles fell in March reaching the lowest level in 18 months as the kingdom kept shipping crude to meet customer demand while keeping a lid on production at about 10.2 million barrels a day. Official statistics that were issued on...

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Climbers near Everest summit. Reuters

Scores Scale Mount Everest after Weather Improves

by Asharq Al-Awsat English | May 19, 2016 | Sports

More than 150 climbers have scaled Mount Everest on a crowded day on top of the world’s highest peak because of improved weather conditions, an official in Nepal said on Thursday. Mountaineering Department official Gyanendra Shrestha said it was hard to say...

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Fayez Serraj speaks at a press conference in Tripoli. Photograph: Stringer/AFP/Getty Images

Libyan Speaker: My Disagreement with Sarraj is not Personal

by Sawsan Abu-Husain | May 19, 2016 | Interviews

Cairo- Libyan Speaker Aguila Saleh said in an exclusive interview with Asharq al Awsat that his dispute with the Chairman of the Presidential Council of Libya, Fayez al-Sarraj, is not personal but rather about the constitutional procedures. Saleh said that the...

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International Monetary FundReuters

IMF Backs Saudi ‘Vision 2030’ Plan

by Asharq Al-Awsat English | May 19, 2016 | Business

The International Monetary Fund supported on Thursday Riyadh’s sweeping economic reform plan as announced in “Vision 2030” to reduce the kingdom’s dependence on oil exports. Late last month, Deputy Crown Prince Mohammed bin Salman announced the steps would...

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Vienna Talks on Tuesday failed to set date for talks, AFP

Negotiations Expected to be Held Early 2017 after Vienna Talks Failed

by Paula Astih | May 19, 2016 | Middle East

Beirut- The optimism expressed by U.N. Special Envoy to Syria Staffan di Mistura when speaking of the regional scenery every now and then, is no longer capable of hiding the pessimistic atmosphere that dominates the diplomatic and political circles. These circles are...