by Asharq Al-Awsat | Jan 23, 2017 | World
Peshawar, London- Nusrat Khela Orakzai was delighted when she gave birth to a second baby boy. The Pakistani mother in her 30s thought her family was complete now that she had two sons and as many daughters. Her husband agreed. But the joy for the young couple from...
by Asharq Al-Awsat | Dec 17, 2013 | Business
Cairo, Reuters—Egypt’s central bank has told banks to conform to international market rates in official trading of non-US dollar foreign currencies, a move that traders said could discourage banks from selling euros and boost black market trade. The...
by Asharq Al-Awsat | Apr 15, 2013 | Business
Cairo, Reuters—Egypt’s central bank sold USD 600 million to banks in a special auction of foreign exchange on Sunday to pay for wheat, meat, cooking oil and other essential imports to a country struggling with a currency crisis. The size of the auction—15 times...
by Adel Al Toraifi | Jan 30, 2013 | Opinion
For the past three years in Tehran’s Nasir Khusraw Street-where several licensed pharmacies compete to sell medicine-there has been a thriving black market trade in pharmaceuticals. Despite repeated campaigns launched by Iranian health bodies to eliminate this...
