Middle-east Arab News Opinion | Asharq Al-awsat

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Mufrej Al-Haqbani, Minister of Labor

KSA Supports SMEs with 25% of Revenues of ‘Commission for Job Generation’

by Shuja Al-Baqmi | Nov 1, 2016 | Business

Riyadh – In a step to activate the role of the General Authority for Small and Medium Enterprises, Saudi Cabinet agreed to deduct 25% of the Commission for Job Generation and Anti-Unemployment and grant it to the SMEs. The cabinet’s decision comes in accordance with...

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Hamood bin Sangour Al-Zadjali Director of the Central Bank of Oman

Oman’s Central Bank Director: a Gulf Common Currency has Become a Matter of Time

by Shuja Al-Baqmi | Oct 30, 2016 | Business

Riyadh- Hamood bin Sangour Al-Zadjali Director of the Central Bank of Oman made a statement saying that a common Gulf currency has become indisputable and it is only a matter of time before its realization. Oman is not one of the countries pushing for a common...

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The International Monetary Fund (IMF) logo is seen at the IMF headquarters building during the 2013 Spring Meeting of the International Monetary Fund and World Bank in Washington, April 18, 2013. REUTERS/Yuri Gripas

IMF, Gulf to Convene Wednesday in Riyadh

by Shuja Al-Baqmi | Oct 26, 2016 | Business

Riyadh- The Gulf ministers of finance and governors of central banks will convene with the International Monetary Fund (IMF) Chief in Riyadh Wednesday evening to discuss latest developments in the international economy and the effect on the region. This step will...

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Traders work on the floor of the New York Stock Exchange (NYSE) shortly after the opening bell in New York, U.S., October 17, 2016. REUTERS/Lucas Jackson

Saudi Bonds.. Practical Indicator of Financial Condition Solidity

by Shuja Al-Baqmi | Oct 25, 2016 | Business

Riyadh- The Saudi bonds to be issued in the international markets are stepping towards a new success –Economic given forecasts that the bonds will attract high demand, amidst an increase of international confidence averages in the current financial condition in Saudi...

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A man walks past the Kingdom Centre Tower in Riyadh, Saudi Arabia April 12, 2016. REUTERS/Faisal Al Nasser/File Photo

International Demand of Saudi Bonds Jumps 2.6%

by Shuja Al-Baqmi | Oct 21, 2016 | Business

Riyadh- While the massive international demand on Saudi public bonds has proven the advanced position of Saudi economy, the trading in the Saudi stock market jumped on Thursday around 129 points as a first reaction by local investors to bonds’ issuance. High...