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Aerial view of Algeria’s traffic and houses is pictured through the window of an airplane. (Reuters)
Opinion: Algeria’s Historic Opportunity for Reform
Following the sudden collapse in oil prices over the last six months, Algeria is facing its greatest economic challenge since the 1990s, when it was torn apart by civil war. How the country responds in the coming months will be watched closely by other countries in...Caption:
A boat passes buildings under construction and the two towers of the National Bank of Egypt building (R), overlooking the River Nile in Cairo, Egypt, on June 7, 2013. (Reuters/Asmaa Waguih)
Saudi–Egyptian bilateral trade to rise 12 percent by year’s end: Egyptian official
Riyadh, Asharq Al-Awsat—Bilateral trade between Saudi Arabia and Egypt will jump 12 percent year-on-year by the end of 2014, an Egyptian diplomatic official in Riyadh told Asharq Al-Awsat on Tuesday. Ahmed Zaki, the economic adviser at the Egyptian embassy in Riyadh,...Caption:
Iranian President Hasan Rouhani speaks in his first press conference since taking office, at the presidency compound in Tehran, Iran, Tuesday, Aug. 6, 2013 (AP Photo/Ebrahim Noroozi)
Iran: Finance minister blames Ahmadinejad housing scheme for economic problems
London, Asharq Al-Awsat—Iran’s finance minister blamed the housing policies of the previous administration for Iran’s runaway inflation and serious budget problems in his first official statement on Sunday. Ali Tayebnia, the Iranian Minister of Economy and Finance,...Caption:
Speakers are seen at the podium during the Euromoney Conference in Riyadh May 7, 2013. (REUTERS/Faisal Al Nasser)