Middle-east Arab News Opinion | Asharq Al-awsat

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File photo of the Riyadh skyline. (Asharq Al-Awsat)

Opinion: The Paradigm Shift in Saudi Economic Policy

by Hussein Shobokshi | Dec 31, 2014 | Opinion

So, Saudi Arabia has announced its projected budget for 2015, setting a record for the largest budget in the Kingdom’s history. Following the announcement, Saudi Finance Minister Ibrahim Al-Assaf confirmed that Riyadh is committed to its policy of spending on...

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Syrian refugee children stand outside their tent at a refugee camp in the eastern Lebanese town of Majdal Anjar, Lebanon on Thursday June 19, 2014. (AP Photo/Bilal Hussein)

Opinion: A Matter of Conscience

by Hussein Shobokshi | Dec 16, 2014 | Opinion

For the past four years, the world has accepted that Syria’s neighbors are primarily responsible for its refugees. Fleeing the brutality, oppression, and criminality of the bloody regime of Bashar Al-Assad, more than four million Syrians have taken refuge...

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A broker monitors stock prices on a screen at the Saudi Investment Bank in Riyadh in this file photo taken September 5, 2013. (Reuters/Faisal Al Nasser)

Opinion: A Blow to Saudi Arabia’s Family Firms

by Hussein Shobokshi | Dec 7, 2014 | Opinion

Family-owned companies are among the most significant pillars for the development of the Saudi economy. They account for a significant proportion of the Kingdom’s large and medium-sized enterprises. In previous years, these family-owned businesses have made striking...

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US Secretary of State John Kerry (R), and Iranian Foreign Minister Mohammad Javad Zarif, shake hands during a meeting in Muscat, Oman, Sunday, Nov. 9, 2014. Omani Foreign Minister Youssef Bin Alawi and European Union High Representative Catherine Ashton stand at background. (AP Photo/Nicholas Kamm, Pool)

Opinion: Iran’s Hypocrisy Exposed

by Hussein Shobokshi | Nov 15, 2014 | Opinion

The Wall Street Journal has announced it has learned through its informed sources that US President Barack Obama recently sent a “secret” letter to Iran’s Supreme Leader Ayatollah Ali Khamenei regarding both countries’ cooperation in the fight against terror and...

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An EU and a Greek flag fly in front of the ancient Parthenon temple in Athens, Greece on Wednesday, April 9, 2014. (AP Photo/Petros Giannakouris)

Opinion: The End of Globalization?

by Hussein Shobokshi | Sep 7, 2014 | Opinion

Has the rising globalization that we have witnessed over the past decades come to an end? There is no doubt that this seems to be the case on the political level. The US seems to have completely lost its appetite to deal with international affairs, concentrating...