Middle-east Arab News Opinion | Asharq Al-awsat

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Opinion: Mohammed Al-Sharekh’s Stories

by Samir Atallah | Aug 13, 2016 | Opinion

Mohammed Al-Sharekh’s CV lists the following achievements and positions that he has held: a masters in Economics from Chicago University, Deputy Director General for the Kuwait Fund of the Arab Economics Development, member of the board of the Word Bank,...

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Turkish Foreign Minister Mevlut Cavusoglu (R) and his Iranian counterpart Mohammad Javad Zarif in a press conference in Ankara on Friday. Reuters

Çavuşoğlu after Meeting Zarif: ‘Turkey’s Security is Iran’s Security’

by Said Abdul Razzak | Aug 13, 2016 | Middle East

Ankara- Following the critical meeting between Erdoğan and Russian President Vladimir Putin, Foreign Minister Mevlüt Çavuşoğlu met Iranian Foreign Minister Javad Zarif on Friday in Ankara, where the two ministers expressed mutual understanding on Syria’s territorial...

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Saudi Arabia, China upgrade relations to comprehensive strategic partnership. Asharq Al-Awsat

Saudi-Chinese Business Council Reshuffling to Simplify Investment Procedures

by Fahd Baqmi | Aug 13, 2016 | Business

Jeddah-Council of Saudi Chambers announced that businessmen can now run for the membership of the Saudi-Chinese Business Council following the approval of the Minister of Commerce to reshuffle the Council. In accordance with the Council’s resolution, heads of Saudi...

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Residents stand near a damaged building in Manbij.

REUTERS/Rodi Said

ISIS Frees Hundreds of Abducted Civilians after U.S.-Backed Forces Seized Manbij

by Asharq Al-Awsat English | Aug 13, 2016 | Middle East

ISIS freed hundreds of civilians used by jihadists as human shields while retreating in northern Syrian, according to statements by U.S.-backed forces and a monitor on Saturday. U.S.-backed forces have gained full control over the northern Syrian city of Manbij near...

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The Saudi central bank has reiterated its ongoing commitment to the riyal’s exchange rate policy.
(AFP)

Leaning on a Strong Credit Profile, Saudi Arabia Fixes Riyal Exchange Rates

by Shuja Al-Baqmi | Aug 13, 2016 | Business

Riyadh- Saudi Arabia confirmed its commitment to keeping the riyal pegged to the U.S. dollar to support its fixed exchange rate policy, according to an official statement issued on Friday. The current exchange rate is fixed at SAR3.75 for each one dollar, as to...