Middle-east Arab News Opinion | Asharq Al-awsat

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North Korea’s Secret Weapon? Economic Growth.

by David Volodzko | Sep 16, 2017 | Opinion

With the United Nations imposing yet another round of sanctions on North Korea for its nuclear provocations, it’s worth asking why such penalties have been failing for more than a decade. One reason is that the North Korean economy is improving more than is...

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FILE PHOTO: Workers on the assembly line replace the back covers of 32-inch television sets at Element Electronics in Winnsboro, South Carolina, U.S. on May 29, 2014. REUTERS/Chris Keane/File Photo

US Retail Sales Unexpectedly Fall in August

by Asharq Al-Awsat | Sep 16, 2017 | Business

Washington – US retail sales unexpectedly fell in August, US Commerce Department figures showed Friday. The Commerce Department said on Friday retail sales dropped 0.2 percent last month. Data for July was revised to show sales increasing 0.3 percent instead of...

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A trader works inside a booth on the floor of the New York Stock Exchange, Sept. 15, 2015. Photo: REUTERS/Brendan McDermid

The Best Era for Working Women Was 20 Years Ago

by Bryce Covert | Sep 5, 2017 | Business, Opinion

The working woman was everywhere in 1980s and 1990s pop culture: The tough single gal Murphy Brown ran the news on TV every week. Dolly Parton in “9 to 5,” Melanie Griffith in “Working Girl,” and the ominously coldhearted mother in “Mrs. Doubtfire.” We didn’t know it...

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Muslim pilgrims pray around the holy Kaaba at the Grand Mosque ahead of the annual haj pilgrimage in Mecca September 21, 2015. REUTERS/Ahmad Masood

Saudi Study Says Hajj 2017 Revenues Touch on $4 Bln

by Eman Al-Khattaf | Aug 28, 2017 | Saudi Arabia

Dammam- Saudi Arabia, the Arab world’s largest economy, announced that it expects for Hajj revenues to exceed $4.2 billion for this year’s season. A local study highlighted that the revenues are expected to jump to $5.6 billion in five years due to the ongoing...

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Arab League official logo

Arab League Announces Launching Arab-Indian Joint Commerce Chamber

by Asharq Al-Awsat | Aug 25, 2017 | Business

Cairo- An Arab-Indian Chamber of Commerce, Industry and Agriculture was established and launched based on mutual regulations, said the Arab League on Thursday. The new Arab-Indian joint room was also announced by the Union of Arab Chambers—and was made possible...