Middle-east Arab News Opinion | Asharq Al-awsat

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An employee counts Egyptian pounds in a bank in Cairo, Egypt, November 3, 2016. (Reuters)

Energy, Real Estate Lead Sectors Luring Foreign Flows into Egypt

by Asharq Al-Awsat | Aug 22, 2017 | Business

Cairo – International investment institutions expected Egypt to witness a significant economic improvement starting next year in terms of foreign investment inflows, especially in the oil and gas, real estate and consumer product sectors. They also forecast...

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An oil pump jack pumps oil in a field near Calgary, Alberta. Reuters

We Must Prepare for an Upcoming Non-Oil Era

by Abdulrahman Al-Rashed | Jul 28, 2017 | Opinion

Bahrain was once a rich market for pearl trade. One morning, things changed as the Japanese discovered cheaper and more productive industrial alternatives. The Bahraini main trade collapsed, the fishing boats stopped, and the Gulf region lost one of its most important...

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Saudi Energy Minister Khalid al-Falih gestures during the 2017 budget news conference in Riyadh, Saudi Arabia December 22, 2016. REUTERS/Faisal Al Nasser

Falih: Saudi Participation in Expo 2017 Reflects Kingdom’s Energy Drive

by Asharq Al-Awsat | Jun 12, 2017 | Business

Astana- Saudi participation in Expo 2017 in Astana reflects the Kingdom’s drive to develop and use sustainable energy in line with Saudi Vision 2030 and the National Transformation Program (NTP) 2020, said Minister of Energy, Industry and Natural Resources Khalid...

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(File) Solar panel | Reuters

Saudi Arabia Emboldens Renewable Energy Investments, Localization is Condition to Advanced Industries

by Fatah Al-Rahman Youssef | Apr 19, 2017 | Business

Riyadh – Projects aimed at producing a sufficient power supply for local demand and international exports are underway in Saudi Arabia, said Saleh Al-Awaji, the Saudi undersecretary for electricity affairs at the Ministry of Water and Electricity. The ministry...

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Amin Nasser, president and chief executive officer of Saudi Arabian Oil Company (Saudi Aramco), speaks at the China Development Forum in Beijing, China, March 19, 2017. REUTERS/Shu Zhang

Aramco Aims to Increase Energy Refining to 10 Million bpd

by Asharq Al-Awsat | Apr 15, 2017 | Business

Dhahran- Amin Nasser, president and chief executive officer of Saudi Arabian Oil Company (Saudi Aramco), affirmed that the company is committed to crude oil projects and to reinforcing prime businesses in chemicals. The long-term vision of oil and gas markets is...