Middle-east Arab News Opinion | Asharq Al-awsat

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Workers prepare a train at Sudan Railway maintenance complex in Khartoum. Reuters

Sudan Reaps Benefits of Decision to Lift Sanctions

by Saif Al-Yazal Ba Baker | Oct 14, 2017 | Business

Khartoum- The US Treasury Department lifted the ban on more than 223 companies, institutions, banks and Sudanese public and private organizations in line with the political decision made by the US government a week ago to revoke the economic embargo on the country....

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The euro sign landmark is seen at the headquarters (R) of the European Central Bank (ECB) in Frankfurt September 2, 2013. REUTERS/Kai Pfaffenbach/Files

$1 Trillion Bad Loan Mountain Casts Shadow over Europe

by Asharq Al-Awsat | Oct 14, 2017 | Business

Berlin- German and French banks have together amassed almost 230 billion euros ($272 billion) of bad loans, according to regulators’ data, underscoring the scale of a problem often linked solely to Italy that is now causing worry across the region. The tally puts the...

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A Best Buy store in Manhattan. John Taggart for The New York Times

Best Buy’s Secrets for Thriving in the Amazon Age

by Kevin Roose | Oct 14, 2017 | Technology

New York- While running errands the other day, I ducked into a local Best Buy to pick up a pair of new headphones. What I saw inside was shocking. Happy-looking people were huddled around tables filled with the latest gadgets from Microsoft and Apple. The video game...

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FILE PHOTO – An aerial view of Doha’s diplomatic area March 21, 2013. REUTERS/Fadi Al-Assaad/File Photo

Qatar Stuck between Rise in Foreign Debt, Threatened Stake in Gas Markets

by Shuja Al-Baqmi | Oct 13, 2017 | Business

Riyadh — Several international economic reports have described Qatar’s current economic status as “threatened to collapse.” These reports stressed that Qatar’s economy has been facing a very difficult period because investment capitals are not completing their...

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A Mercedes-Benz logo is seen on a car displayed on media day at the Paris Mondial de l’Automobile, October 2, 2014. REUTERS/Jacky Naegelen

Watchdog: Mercedes-Benz, China JVs to Recall over 350,000 Vehicles

by Asharq Al-Awsat English | Oct 13, 2017 | Business

Mercedes-Benz, the global automobile manufacturer, and its Chinese joint ventures will recall 351,218 vehicles because of potential issues with airbags that are made by Japan’s Takata Corp, China’s quality watchdog stated Friday. The brand is known for luxury...

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An electric car is plugged into a charging point in London, Britain April 7, 2016. REUTERS/Neil Hall

Britain Plans Billion-Pound Boost for Electric Cars

by Asharq Al-Awsat | Oct 13, 2017 | Technology

London — ِAs part of plans to invest 2.5 billion pounds ($3.3 billion) by 2021 to help meet its climate change targets, Britain will spend one billion pounds to promote electric and other low-emission vehicles, and step up spending on research and innovation, Reuters...