by Asharq Al-Awsat | Jul 27, 2017 | Business
London- G20-backed Global Infrastructure Hub said on Tuesday that the world needs $94 trillion for infrastructure investments by 2040. Nearly a fifth of the needed investment risks being unfunded if current spending trends continue. To close the spending gap, annual...
by Asharq Al-Awsat | Jan 19, 2017 | Business
Dubai – Dubai, Abu Dhabi and Doha have emerged as the top three real estate markets in the Gulf Cooperation Council (GCC) region, said a real estate report. The industry is touted to grow about 10% annually on average, driven by a prospering property market in...
by Robert Frank | Nov 19, 2016 | Business
Describing the relentless pace at which machines were replacing horses a century ago, the economic historian Gregory Clark noted that if horses could have been hired at a certain price, they would have remained competitive. Unfortunately, he said, that price had...
by Mohamed A. El-Erian | Aug 4, 2016 | Opinion
The second-quarter U.S. gross domestic product data released Friday had something for everyone. Optimists could draw comfort from the robust growth in household consumption. Pessimists would worry about lagging business investment and mounting inventories. And if you...
by Asharq Al-Awsat English | Feb 11, 2016 | World
Germany will give a 566- million-dollar loan (500 million Euros) credit to Iraq to help it withstand the sharp downturn in global oil prices, Chancellor Angela Merkel said on Thursday after meeting with Iraqi Prime Minister Haider al-Abadi in Berlin. “Germany is...
