Middle-east Arab News Opinion | Asharq Al-awsat

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Egypt’s President Abdel Fattah al-Sisi attends a news conference with Greek Prime Minister Alexis Tsipras and the Cyprus’ President Nicos Anastasiades (unseen) at the El-Thadiya presidential palace in Cairo, Egypt, October 11, 2016. Picture taken October 11, 2016. REUTERS/Amr Abdallah Dalsh

Militant Attack Kills 12 Egyptian Security Personnel in Sinai

by Asharq Al-Awsat English | Oct 14, 2016 | Middle East

Suspected ISIS gunmen attacked Friday an army checkpoint in Egypt’s Sinai Peninsula, killing 12 soldiers in North Sinai province and injuring eight more, according to security and medical officials. They said the attack took place about 80 kilometers (50 miles)...

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Crude oil storage tanks are seen from above at the Cushing oil hub, in Cushing, Oklahoma, March 24, 2016. REUTERS/Nick Oxford/File Photo

OPEC in Quest to Stabilize Output, U.S. Oil Grows

by Sabri Najeh | Oct 14, 2016 | Business

Cairo- As the Organization of the Petroleum Exporting Countries (OPEC) coordinate with the biggest oil producer in the world (Russia) to limit the production in order to regain stability and prices’ balance, the U.S. oil continues to grow, exceeding the USD50. This...

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Arrangement of various world currencies including Chinese Yuan, US Dollar, Euro, British Pound, in this picture illustration taken January 25, 2011. REUTERS/Kacper Pempel/Illustration/File Photo

Yuan Hits 6-Year Low on Chinese Trade Fall

by Asharq Al-Awsat | Oct 14, 2016 | Business

Beijing- Poor Chinese trade figures halted the dollar’s broader rally on Thursday and sent the offshore version of the country’s yuan currency to within sight of lows hit in a dramatic sell-off in January. The euro fell briefly below $1.10 for the first...

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UNESCO’s headquarters in Paris, France. Photo: Reuters

Israel Suspends Cooperation with UNESCO after Jerusalem Vote

by Asharq Al-Awsat English | Oct 14, 2016 | Middle East

Israel suspended cooperation with UNESCO on Friday after the U.N. cultural organization angered the Israeli government by adopting two resolutions on annexed east Jerusalem ahead of a final vote next week. In a letter sent to UNESCO Director General Irina Bokova,...

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Former Soviet leader Mikhail Gorbachev. Reuters

Talk on the World Walking into a Cold War Era

by Abdullatif Jaber, Fayza Kamel and Taha Abed el Wahed | Oct 14, 2016 | Features

Beijing, London, Moscow- An intensifying arms race and deployment of missile defense systems have added to the continued tensions shared between the United States, Russia and China, alarming forecasts on a nearing second Cold War. The world faces cold war era threat...