Middle-east Arab News Opinion | Asharq Al-awsat

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The Gulf Cooperation Council (GCC) logo is seen during a meeting in Manama, Bahrain April 7, 2016. REUTERS/Jonathan Ernst

Gulf Warns EU: Our Foreign Trade is Shifting to Asia

by Abdul Hadi Habtor | Oct 20, 2017 | Business

Riyadh – A prominent Gulf official warned the European Union (EU) that Europe’s share of Gulf continues’ foreign trade is declining, decreasing from 24 percent in 1992 to 11 percent last year — the Gulf foreign trade is shifting to Asia. For 20 years, Gulf...

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A man walks along Wall Street in New York September 18, 2008. REUTERS/Eric Thayer

Dollar Challenges Fair Well with Wall Street Firms

by Mutlaq Muneer | Sep 9, 2017 | Business

London- US economic growth is 30 percent linked to demand, consumption, and foreign investment, while the S&P 500 index, which measures the performance of Wall Street companies, is even more linked to factors abroad thus related to the dollar’s exchange...

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An aerial view of Khalifa Port is seen in Abu Dhabi April 10, 2014. – Picture taken April 10, 2014.

Dubai Non-Oil Foreign Trade Hits $259 billion in 9 Months

by Asharq Al-Awsat | Dec 25, 2016 | Business

Dubai- Dubai’s non-oil foreign trade reached Dh952 billion ($259 billion) in first nine months of 2016 with a 11 percent surge in the total volume of traded goods, rising as high as 70.82 million tons of commodities. Imports had the lion’s share at Dh594 billion...