Middle-east Arab News Opinion | Asharq Al-awsat

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Confidence comes with a catch. Photographer: Horacio Villalobos/Corbis via Getty Images

Why Europe’s Central Bank Shouldn’t Worry About the Euro

by Ferdinando Giugliano | Sep 11, 2017 | Opinion

The European Central Bank has spent much of this decade convincing markets that the euro is irreversible. It is therefore mildly ironic that policy makers in Frankfurt may be in trouble because of the sudden return of confidence in the single currency. Investors...

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Yemen’s Prime Minister Ahmed Obeid bin Daghr attends the High-level Pledging Event for the Humanitarian Crisis in Yemen at the United Nations in Geneva, Switzerland April 25, 2017. REUTERS/Denis Balibouse

Yemeni Government: ‘We have Fulfilled the Central Bank’s Obligations despite Scarcity in Resources’

by Asharq Al-Awsat | Aug 17, 2017 | Business

Riyadh, Aden- Yemeni Prime Minister Dr. Ahmed Obeid bin Daghr said that the legitimate government has been paying the debts for the Central Bank and the other foreign debts, which is putting additional burden on it in light of the scarce and limited resources. During...

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An official leaves after a news conference presenting Sudan’s new currency at the Central Bank headquarters in Khartoum July 16, 2011. Reuters

Governor of Sudan’s Central Bank: ‘We are Preparing for Post-US Sanctions Phase’

by Fatah Al-Rahman Youssef | Jul 31, 2017 | Interviews

Riyadh- Governor of the Central Bank of Sudan Dr. Hazem Abdul Qader unveiled a new strategy to deal with the latest developments and consequences of the lifting of the US sanctions imposed on his country and to accommodate these changes. Abdul Qader said that his...

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A cashier counts Qatari riyal notes at a money changer in Doha May 28, 2013. REUTERS/Fadi Al-Assaad

Qatar Riyal Dips to Lowest Level since 2005

by Asharq Al-Awsat | Jun 19, 2017 | Business

London- Qatar’s riyal is being quoted weaker than its peg against the US dollar as Doha grapples with a diplomatic crisis, but that is the result of poor liquidity in the currency market. The Qatar’s riyal, officially fixed at 3.64 to the dollar since 2001, has...

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A cashier counts Qatari riyal notes at a money changer in Doha REUTERS/Fadi Al-Assaad

Qatar Stock Market Witnesses Biggest Drop in 18 Months

by Shuja Al-Baqmi | Jun 8, 2017 | Business

Riyadh – Qatar’s stock market has witnessed its biggest drop in 18 months, as the crisis between the country and neighboring nations escalated. The decision of several countries to cut diplomatic relations with Doha had its direct impact on the Qatar Stock Exchange...