Middle-east Arab News Opinion | Asharq Al-awsat

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Syrian refugees stroll on a street of a low-income neighborhood
in Ankara. Reuters

‘Economy of Refugees’ Revives Turkey

by Said Abdul Razzak | Sep 1, 2016 | Business

Ankara-Syrian refugees in Turkey were considered a sort of burden on Turkey’s economy, but recent statistics and forecasts have shown that their existence has had a significant recovery impact and has remarkably raised growth rate in the country with more growth...

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Pedestrians walk on a street in front of the Bank of Japan headquarters in Tokyo, Japan, July 15, 2015. REUTERS/Yuya Shino

Helicopter Money: Why Some Economists Are Talking About Dropping Money from the Sky

by Neil Irwin | Jul 30, 2016 | Business

For years, central banks have been doing everything they can think of to try to get higher inflation and stronger growth. The next step just may be a metaphorical helicopter, high above Tokyo. The Bank of Japan met Friday to decide on the next steps in its long battle...

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This undated file photo shows a Saudi money changer counting Saudi riyals in Riyadh, Saudi Arabia. (Reuters)

Inflation in Saudi Arabia to hit seven-year low: analysts

by Asma Al-Ghabiri | Dec 23, 2014 | Business

Jeddah, Asharq Al-Awsat—Inflation in Saudi Arabia is set to reach its lowest levels since April 2007, when official figures from the Kingdom’s Central Department of Statistics and Information are released towards the end of the month, according to sources speaking to...

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Omanis shop at a market in Muscat on August 11, 2010. (MOHAMMED MAHJOUB/AFP/Getty Images)

Oman scraps price controls for most goods

by Asharq Al-Awsat | Jun 23, 2014 | Business

Muscat and Dubai, Reuters—Oman has scrapped price controls for all but 23 basic products, prompting rare public criticism of government policy, after companies demanded freer markets. Economists said the move was unlikely to have a major impact on inflation. Under...

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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...