Middle-east Arab News Opinion | Asharq Al-awsat

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Emirates Airlines aircrafts are seen at Dubai International Airport, United Arab Emirates May 10, 2016.
REUTERS/ASHRAF MOHAMMAD/FILE PHOTO

IATA Forecasts 7.2 Billion Passengers in 2035

by Fahd Baqmi | Oct 22, 2016 | Business

Jeddah-The International Air Transport Association (IATA) expects 7.2 billion passengers to travel in 2035, a near doubling of the 3.8 billion air travelers in 2016. “Runways, terminals, security and baggage systems, air traffic control, and a whole raft of other...

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A man types on a computer keyboard in Warsaw in this February 28, 2013 illustration file picture. REUTERS/Kacper Pempel/Files

Saudi Arabia Set to Host Global Exhibition on Combating Cyber Crimes

by Fahd Baqmi | Oct 17, 2016 | Lifestyle & Culture

Jeddah – Saudi Arabia will host the Global Internet Forum and Exhibition, which highlights the Saudi government’s efforts in dealing with cybercrimes, the e-government and its mechanism concerning the 2030 Vision; the event will be held with the participation of...

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The Saudi Arabian Monetary Agency (SAMA)

SAMA: Private Sector Loans Register 8% Rise

by Fahd Baqmi | Oct 5, 2016 | Business

Jeddah- The Saudi Arabian Monetary Agency (SAMA) — Saudi Arabia’s central bank — reported an eight percent increase in gross loans approved by banks financing non-profitable government institutions and the private sector during August. August figures amounted to a...

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Saudi King Salman (R) meets Turkish President Tayyip Erdogan in Riyadh, Saudi Arabia December 29, 2015. REUTERS/Saudi Press Agency/Handout via Reuters ATTENTION EDITORS – THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. REUTERS IS UNABLE TO INDEPENDENTLY VERIFY THE AUTHENTICITY, CONTENT, LOCATION OR DATE OF THIS IMAGE. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS. EDITORIAL USE ONLY. NO RESALES. NO ARCHIVE.

Saudi-Turkish Cooperation Council: Bilateral Agreements Boost Trade Exchange

by Fahd Baqmi | Oct 2, 2016 | Saudi Arabia

Jeddah – Saudi Turkish Cooperation Council revealed that it had begun discussing several agreements that were inked during the two-day visit of Crown Prince Mohammed bin Nayef to Ankara, which concluded on Friday. Head of the council Mazen Rajab told Asharq al-Awsat...

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Jeddah Islamic Port

Saudi Customs Bars Brokers from Securing Freight Clearance

by Fahd Baqmi | Oct 1, 2016 | Business

Jeddah- Saudi customs recently barred clearance agents from dealing with hired brokers representing owners when processing imports and exports. The new regulation warns that all commodity release must be cleared in the presence of direct owners. The stepped up measure...