Middle-east Arab News Opinion | Asharq Al-awsat

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A Moody’s sign on the 7 World Trade Center tower is photographed in New York August 2, 2011. REUTERS/Mike Segar

Moody’s: Saudi Arabia’s Fiscal Position Remains Strong

by Shuja Al-Baqmi | Apr 1, 2017 | Business

Riyadh – Saudi Arabia’s fiscal position remains strong, according to Moody’s Global Credit Research report published on Friday. The report pointed out that economic reforms executed by the kingdom will contribute in curbing the public budget deficit despite the...

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Lebanon’s Finance Minister Ali Hassan Khalil speaks during an interview with Reuters in Beirut October 21, 2014. REUTERS/Sharif Karim

Lebanon Targets Curbing Deficit to 8.7% Next Year

by Asharq Al-Awsat | Mar 31, 2017 | Business

Beirut – Finance Minister Ali Hassan Khalil said on Thursday that the government aims to curb the 2017 budget deficit from 9.3 percent in 2016 down to 8.7 percent of gross domestic product (GDP). Khalil projected government expenditures at LL23.67 trillion...

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Clothing shops sell life jackets are seen in the Aegean port city of Izmir, western Turkey, August 10, 2015. REUTERS/Osman Orsal

Unemployment Rate Ups to 11.8%

by Said Abdul Razzak | Jan 17, 2017 | Business

Ankara – The Turkish Statistical Institute (Turkstat) announced on Monday that Turkey’s unemployment rate reached 11.8 percent in October 2016, compared to 11.3 in September of the same year — In the same period, the unemployment in non-agricultural...

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Kuwaiti candidate and former parliament speaker Marzouq Al Ghanem (C) celebrates with his supporters in Kuwait City following the announcment of his victory in the parliamentary election early on November 27, 2016. Yasser Al Zayyat/AFP

Kuwait Elections Topple Prominent Figures

by Mirza Al-Khuwaylidi | Nov 28, 2016 | Middle East

Kuwait – The outcome of the Kuwaiti parliamentary elections caused a great shock as it toppled prominent forces in the parliamentary sector and gave a great boost to the youths. Great number of candidates of the previous majority as well as candidates of the...

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People walk next to Palmarium shopping mall in Tunis. — Reuters

Tunisia Plans to Issue EUR 1-Billion Bond

by Al-munji al-Saaidani | Oct 23, 2016 | Business

Tunisia- Tunisia plans a bond issue of EUR 1,000 million to finance the state’s budget. This caused a debate in the Tunisian Parliament between government representatives and opposition parties on continuity of foreign borrowing and not relying on own resources....