Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55356596
Caption:

People wait with their cars to get on a ferry to Morocco at the southern Spanish port of Algeciras July 31, 2015. REUTERS/Jon Nazca

Morocco Imports Up 4.8% by End of July

by Lahssen Moqana | Aug 17, 2016 | Business

Casablanca- Moroccan commercial deficit increased end of last July around 7.5% due to imports exceeding exports. The Moroccan Exchange Office, a governmental authority assigned to monitor currencies exchange and funds transfer, attributed the pick-up of Moroccan...

Media ID: 55355174
Caption:

A man walks past the headquarters of Saudi Basic Industries Corp (SABIC) in Riyadh October 27, 2013. REUTERS/Faisal Al Nasser

Saudi Iron Ore Industrialists Consider Lower Rates

by Fahd Baqmi | Jul 26, 2016 | Business

Jeddah- In light of increasing demand on iron ore, Saudi Arabia’s factories are in the process of reconsidering rates as market competitiveness grows, setting up local products versus imports. Workers at the iron ore industry told Asharq Al-Awsat newspaper that...

Media ID: 55354878
Caption:

Chinese traditional dance teams perform during the inauguration ceremony of the Yanbu Aramco Sinopec Refining Company (YASREF) project on January 20, 2016 in Riyadh. (Xinhua/AFP)

Saudi Arabia Overtakes Russia as China’s Top Crude Supplier

by Asharq Al-Awsat English | Jul 21, 2016 | Business

Saudi Arabia, the world’s biggest oil exporter, overtook Russia in June, recovering its position as China’s top crude supplier in June, after trailing behind Russia in the previous three months, customs data showed on Thursday. Data from the Chinese...

Media ID: 55347989
Caption:

Kataeb Party supporters protesting against the Lebanese administration failing to find a solution for the trash crisis on Feb. 29- EPA

Chairman Shokeir, the Lebanese Economy Depends on Saudi Arabia and the GCC

by Asharq Al-Awsat English | Feb 29, 2016 | Business

Chairman of the General Union of Chambers of Commerce, Industry & Agriculture for Arab Countries in Lebanon Mohammed Shokeir revealed that Iran imports Lebanese products at no more than an annual $4.3 million worth. Chairman Shokeir stated that Iran interdicts 90...

Media ID: 55329165
Caption:

Saudi women shop at the Al-Hayatt mall in Riyadh February 15, 2012. (Reuters/Fahad Shadeed)

Increase in Saudi import prices driven up by inflation, say experts

by Shuja Al-Baqmi | Feb 20, 2014 | Business

Riyadh, Asharq Al-Awsat—Rising prices for goods imported into Saudi Arabia can be attributed to high inflation, according to economists based in the kingdom. Speaking to Asharq Al-Awsat on Tuesday, a number of economic experts said rising employment in the Kingdom...