by Mohamed Ali Mohsen | Sep 14, 2016 | Middle East
Aden – Yemenis in the southern and eastern districts of the country are suffering of liquidity crisis which adds more problems to their already troubled life. Because of the economic situation, many Yemenis were not able to celebrate Eid al-Adha on Monday or buy new...
by Paula Astih | May 29, 2016 | Middle East
Beirut- The Lebanon treasury started paying the salaries of Ministers belonging to the so-called Hezbollah party in cash two months ago. The pays were given in cash as to escape the U.S. sanctions put into effect, Lebanese sources told Asharq Al-Awsat newspaper....
by Asharq Al-Awsat English | Mar 22, 2016 | Business
Bank Muscat is negotiating the possibility of raising a loan a small group of lenders, Reuters cited sources with knowledge of the matter saying, as Oman’s largest lender becomes the latest Gulf bank to hunt for fresh funds to combat a liquidity squeeze in...
by Nazir Majli | Nov 21, 2015 | Latest News, Middle East
The Commander-in-Chief of the Israeli Army Gadi Eizenkot ordered the transfer of the whole Kfir Brigade to the Hebron area, south of the West Bank, in order to punish its residents for operations which resulted in the death of 4 Jewish settlers on Thursday after it...
by Mohammed Al-Shafey | Aug 16, 2014 | Middle East
London, Asharq Al-Awsat—Hamas spokesman Osama Hamdan described the first civil trial against a bank under the Anti-Terrorism Act in the US, which centers around his account at the Arab Bank’s Al-Mazra branch in Beirut, as being politically-motivated. In comments to...