Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55356838
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A money changer counts Turkish lira bills at an currency exchange office in central Istanbul, Turkey, August 21, 2015. REUTERS/Murad Sezer

Turkish Economy Struggles amid Slow Growth

by Said Abdul Razzak | Aug 22, 2016 | Business

Ankara-Turkey has been making tremendous efforts to restore its trade and economic relations with neighboring and regional countries to recover its economy’s momentum amid indications on slow growth that has affected tourism rates, the flow of foreign capitals, along...

Would GCC Banks Fix Damages Caused by Oil Prices’ Drop?

by Mahmoud Najem | Aug 15, 2016 | Business

The GCC countries have ran important structural reforms aiming to diversify economic activities and providing job opportunities in the private sector. In this context, the banking sector will be one of the main concerned parties by sponsoring small businesses and...

Media ID: 55353980
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A worker rolls a sheet of leather at Justin Paul, a handbag manufacturer in Brooklyn. Brexit has reinforced the dollar as the foundation of global finance, but a stronger dollar hurts exports. Michael Nagle/Bloomberg

Taking Refuge in Dollar Could Expose World Economy to New Perils

by Peter Goodman | Jul 6, 2016 | Business

It is known as the flight to safety, yet it may be leading the global economy toward fresh danger. In the week since Britain stunned the world with its vote to quit the European Union, coloring markets in uncertainty, investors have dumped much that seems risky — the...