Middle-east Arab News Opinion | Asharq Al-awsat

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Calls on Devoting Rapt Attention to the Saudi Entertainment Industry

by Fatah Al-Rahman Youssef | Jul 9, 2016 | Business, Saudi Arabia

Riyadh- Saudi businessmen and economic analysts lately beckoned the establishment of a new major investment company within the entertainment industry, answering to the Kingdom’s vision 2030. The Kingdom of Saudi Arabia had recently approved an investment license for...

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Morocco Indebtedness Rises to USD32 Billion

by Lahssen Moqana | Jul 5, 2016 | Business

Casablanca-Morocco Foreign indebtedness rose 5.6% during the first quarter of 2016, according to the Ministry of Finance. Total indebtedness reached USD32 billion end of March compared to USD 30.4 billion end of 2015. Since 2011, the foreign indebtedness rose 45.5%...

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Saudi Arabia, China upgrade relations to comprehensive strategic partnership.

China, Saudi Arabia to Boost Strategic Relations

by Fatah Al-Rahman Youssef | Jul 3, 2016 | Business

Riyadh- A Chinese official told Asharq Al-Awsat that Beijing is witnessing discussions between Saudi and Chinese officials in order to put the schedule for the first meeting of the joint governmental committee in order to follow up with the agreements and discussions...

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Terrorism’s Collateral Damage Does Not Include Slowing Down Economic Growth

Terrorism’s Collateral Damage Does not Include Slowing Down Economic Growth

by Asharq Al-Awsat English | Jul 1, 2016 | Business

Berlin- A recent German study proved that international terrorism, unlike expected fears, will not pose great scale losses or slow down economic growth of industrial countries. According to a research prepared by the Hamburg Institute of International Economics...

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Chinese 100 yuan banknotes are seen on a counter of a branch of a commercial bank in Beijing, China, March 30, 2016. Reuters

China’s Yuan Endures Biggest Quarterly Fall on Record

by Asharq Al-Awsat English | Jun 30, 2016 | Business

China’s yuan hit a six-month low and chalked up its biggest quarterly fall against the dollar on record on Thursday as Beijing suggested it was happy for the weakness to continue. Chinese sources revealed that the People’s Bank of China (PBOC),...