Middle-east Arab News Opinion | Asharq Al-awsat

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Damned if you do, damned if you don’t.
Photographer: Tim Boyle/Getty Images

When Companies Should (and Shouldn’t) Enter the Political Fray

by Kara Alaimo | Feb 21, 2017 | Opinion

For months, a campaign called Grab Your Wallet has been urging consumers to boycott dozens of companies — including Macy’s, L.L. Bean, Bloomingdale’s, Zappos and Amazon — for their links to Trump and his businesses. Their offenses, such as selling...

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A picture taken from the West Bank city of Hebron on July 6, 2016 shows buildings under construction in the Kiryat Arba Jewish settlement on the outskirts of the Palestinian flashpoint city. / AFP PHOTO / HAZEM BADER

U.N. Delays Report on Companies with Israeli Settlement Ties

by Asharq Al-Awsat | Feb 11, 2017 | Middle East

Geneva- A United Nations report on establishing a database of companies with business interests in Israeli settlements in the occupied West Bank is set to be delayed until later this year, diplomats and activists said on Friday. The U.N. human rights office had been...

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Turkish Airlines aircrafts are parked at the Ataturk International airport in Istanbul, Turkey December 3, 2015. REUTERS/Murad Sezer/File photo

Turkey to Accept Partners in Sovereign Wealth Fund

by Saeed Abdelrazek | Feb 10, 2017 | Business

Ankara -The Turkish Government said it will increase contributors to its Sovereign Wealth Fund founded in August, so it includes companies and funds of foreign wealth. Turkish Minister of Finance Naci Agbal told Reuters that banks and foreign sovereign wealth funds...

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A view of the headquarters of Saudi Basic Industries Corp (SABIC) in Riyadh January 20, 2009. REUTERS/Fahad Shadeed

Reducing Expenditures is Common among Saudi Companies

by Shuja Al-Baqmi | Jan 20, 2017 | Business

Riyadh – Saudi stock market companies continued to announce fiscal results of 2016 one after another. Saudi Basic Industries Corp (SABIC), one of the world’s largest petrochemicals groups, announced a 4.5% drop of net profit in 2016. Saudi Telecom Company...

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Minister of Finance Mohammed Al-Jadaan attends a joint press conference. — SPA

Saudi Arabia: Gradual Modification of Energy Prices, No Income Taxes

by Shuja Al-Baqmi | Dec 23, 2016 | Saudi Arabia

Riyadh – Saudi Arabia has announced that there are no limits for what it’s willing to spend for the sake of defending the country. “The kingdom will not determine the spending for the sake of defending the country — we took into consideration...