Middle-east Arab News Opinion | Asharq Al-awsat

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Rifaat al-Assad / Reuters

Bashar Assad’s Uncle under Investigation in France for Tax Fraud, Money Laundry

by Asharq Al-Awsat English | Jun 28, 2016 | Middle East

London –French judge opened an official formal investigation in accusations against Rifaat al-Assad, uncle of Syrian Regime President Bashar al-Assad, a source said. Rifaat Assad is an opponent of his nephew’s regime. Rifaat is accused of tax fraud and...

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Members of the military and police patrol outside the ASEAN venue in Kuala Lumpur, 2015 [Olivia Harris/Reuters

Grenade Attack on Malaysian Pub Wounds Eight

by Asharq Al-Awsat English | Jun 28, 2016 | World

Riyadh – A grenade attack on a bar in Malaysia wounded eight people, including a Chinese national on Tuesday. According to the police, the attack happened in the early morning of Tuesday on the Movida bar in Puchong, a town on the outskirts the capital when...

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A Saudi man walks at the Tadawul Saudi Stock Exchange, in Riyadh, Saudi Arabia, Monday, June 15, 2015. Saudi Arabia’s stock market, valued at $585 billion, opened up to direct foreign investment for the first time Monday, as the kingdom seeks an economic boost amid low global oil prices. (AP Photo/Hasan Jamali)

Little Improvement in Saudi Banks

by Shuja Al-Baqmi | Jun 28, 2016 | Business

Riaydh – In a new development that reveals the strength of financial structure of Saudi banks, Saudi Arabian Monetary Agency (SAMA) issued its annual study which showed a little increase of 2% of deposits in local banks during 2015. Based on the study, the bank...

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Eiffel Tower in Paris.

Economic Agreements on Agenda of Saudi-French Business Council in Paris

by Fatah Al-Rahman Youssef | Jun 28, 2016 | Saudi Arabia

Riyadh – Saudi Arabia and France are expected to sign several cooperation agreements on Tuesday, within the framework of Saudi Arabia’s Vision 2030 and the National Transformation Program 2020 (NTP 2020). In comments to Asharq al-Awsat newspaper, Vice-President of the...

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British Prime Minister David Cameron, Reuters

UK Forms Special Unit to Explore Options of Brexit

by Asharq Al-Awsat | Jun 28, 2016 | World

London – Five days after the Brexit shock, British leaders are trying to gain some time amid internal disputes. Meanwhile European leaders are looking for a joint strategy concerning the drastic changes. While Europeans are calling for fast exit, London...