Middle-east Arab News Opinion | Asharq Al-awsat

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A video gaming event at the Asian Games. (Reuters)

Video Games Market Exceeds $100 Billion in Revenues

by Mutlaq Muneer | Jun 5, 2017 | Business

London – The revenues generated from the video games market exceeded the $100 billion barrier last year as the industry is now three times more profitable than the movie industry worldwide, said a research study published by “Atomico”. The report also expected the...

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The production line at a meat factory in China. Reuters

Half of Global Industrial Investments Come from Asian Countries

by Mutlaq Muneer | Mar 30, 2017 | Business

London- Countries in southern and eastern Asia have increasingly attracted global investments. According to a specialized global institution, 36,000 new industrial projects were launched in 140 countries during 2016 with investments worth USD2.3 trillion. Asian...

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Robots Manufacture other Robots in Japan

by Mutlaq Muneer | Mar 11, 2017 | Technology

London-Japan occupies the first place globally in the number of robots working in the auto plants with 1,276 robots for every 10,000 worker in this sector, according to a World Bank survey. Notably, there is a very high percentage of robots that work in factories...

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Pink and Colourless Grown Diamonds by IIa Technologies that
have been cut and polished for use in the Luxury sector. Photo: Ila
Technologies

Diamond ‘Cultivation’: A Revolution by Silicon Valley

by Mutlaq Muneer | Mar 6, 2017 | Technology

London- The diamond market witnesses an exceptional revolution with the emergence of synthetic diamond industry known as “diamond cultivation”. This revolution was launched by the US Silicon Valley, where labs allocated huge investments to produce complete diamonds...

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A money changer poses for the camera with a US dollar (R) and the amount being given when converting it into Iranian rials (L), at a currency exchange shop in Tehran’s business district, Iran, in this January 20, 2016 file photo. REUTERS/Raheb Homavandi/TIMA/Files

US Bans European Banks From Funding Investment in Iran

by Mutlaq Muneer | Mar 3, 2017 | Business

London – European banks’ sources have revealed that abundant funding projects and deals in Iran were thwarted during the past months due to the Office of Foreign Assets Control (OFAC) because these operations violate the imposed sanctions on a number of Iranian...