Middle-east Arab News Opinion | Asharq Al-awsat

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Visitors attend a luxury cars exhibition in the Red Sea city of
Jeddah October 28, 2008. REUTERS/Asma Alsharif

Saudi Exhibition Industry Prospers, Allowances Revive Economy

by Eman Al-Khattaf | May 15, 2017 | Business

Dammam – The exhibition industry is witnessing a remarkable recovery in Saudi Arabia since the beginning of the year. Workers from the sector said this recovery is unprecedented, as myriads of exhibitions and events have been spotlighted in many Saudi cities,...

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IMF Managing Director Christine Lagarde.(REUTERS)

Optimism Surrounds Global Economy in 2017

by Ahmad Al-Ghamrawi | Apr 17, 2017 | Business

Cairo – Experts and observers expect the biggest economies of the world to see an escalating, or at least a stable, growth in 2017. The tough economic situation that dominated the world over the past six years is about to end, and more recovery and prosperity...

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A customer checks dates displayed on a truck during the annual dates festival in Berida in the Saudi central province of Qassim August 24, 2013. REUTERS/Faisal Al Nasser

GCC Food Services Market to Reach USD28 billion by 2020

by Asharq Al-Awsat | Jan 23, 2017 | Business

Dammam – Al Masah Capital Limited has prepared an economic report that expects an annual growth of 6.8% in the food services market in GCC countries, up to USD28 billion by 2020. UAE has been ranked among the greatest 20 countries in the food service markets...

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The logo of Arab Bank is seen during the opening of the Annual
Arab Banking Conference in Beirut, Lebanon. (Image: Reuters

Arab Countries Expected to See Economic Growth in 2017

by Asharq Al-Awsat | Jan 20, 2017 | Business

Abu Dhabi – Statistics of the Arab Monetary Fund revealed that economies of Arab countries achieved around 3.4% growth over the past five years (2012-2016), while they expected to reach 2.8% growth in 2017 compared with 2.3% in 2016. Statistics showed that the...

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Stock Market – Reuters

World Bank Predicts 2.7% Global Economic Growth in 2017

by Heba El Koudsy | Jan 12, 2017 | Business

Washington – Global economic growth is forecast to accelerate moderately to 2.7 percent in 2017 after dropping to its lowest levels during 2016, the World Bank said in its latest report. Growth rates are expected to improve to 3.1% in the Middle East and North...