Middle-east Arab News Opinion | Asharq Al-awsat

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Brazil’s Agriculture Minister Blairo Maggi smiles during a meeting with Brazil’s President Michel Temer and ambassadors of meat importing countries of Brazil at the Planalto Palace in Brasilia, Brazil March 19, 2017. REUTERS/Ueslei Marcelino

Brazilian Minister of Agriculture: Ready to Provide Saudi Market Demand of Meat

by Fatah Al-Rahman Youssef | May 29, 2017 | Business

Riyadh – Brazilian Minister of Agriculture, Livestock, and Food Supply Blairo Maggi said that Brazil is fully ready to cooperate with Saudi Arabia in the field of food and to provide the market demand of meat and other products according to Saudi Vision 2030....

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Pedestrians walk in front of a SoftBank Corp logo outside its branch in Tokyo February 25, 2014. Japanese messaging app owner Line Corp denied a media report that the company was in discussions to sell a stake to SoftBank Corp on Tuesday. REUTERS/Yuya Shino (JAPAN – Tags: BUSINESS TELECOMS LOGO)

Softbank-Saudi Tech Fund becomes World’s Biggest with over $90 Million of Capital

by Asharq Al-Awsat English | May 20, 2017 | Technology

The world’s largest private equity fund, backed by Japan’s Softbank Group and Saudi Arabia’s main sovereign wealth fund, said on Saturday it had raised over $93 billion to invest in technology sectors such as artificial intelligence and robotics....

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SAMA Governor Dr. Ahmed al-Kholifey Ahmed al-Kholifey (left); Chief Business Officer & Executive General Manager at QNB Abdulla Mubarak Al Khalifa (centre); and QNB Group Chief Executive Ali Ahmed al-Kuwari attending the inauguration of QNB’s branch in Riyadh, yesterday.

KSA Considers 3 Foreign Bank Requests to Operate in Local Market

by Shuja Al-Baqmi | May 5, 2017 | Business

Riyadh- Saudi Arabia is considering through Saudi Arabian Monetary Authority (SAMA) requests of three foreign banks showing interest in entering the local market amidst the current economic reforms taking place in the kingdom. SAMA Governor Dr. Ahmed al-Kholifey said...

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The production line at a meat factory in China. Reuters

Half of Global Industrial Investments Come from Asian Countries

by Mutlaq Muneer | Mar 30, 2017 | Business

London- Countries in southern and eastern Asia have increasingly attracted global investments. According to a specialized global institution, 36,000 new industrial projects were launched in 140 countries during 2016 with investments worth USD2.3 trillion. Asian...

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A man walks past an Emirates Islamic Bank branch in Bank street in Dubai, October 18, 2011. Two years after the Dubai debt crisis erupted, contributing to a wave of loan restructurings across the Gulf, those restructurings may be entering a more difficult phase as banks become reluctant to extend maturities further. Picture taken October 18, 2011. To match Analysis GULF-DEBT/RESTRUCTURING REUTERS/Jumana El Heloueh (UNITED ARAB EMIRATES – Tags: BUSINESS) – RTR2SURT

IsDB Draws Roadmap to Enlist the Poor in Production

by Zaid Bin Kami | Mar 20, 2017 | Business, Interviews

London – Islamic Development Bank (IsDB) President Bandar Hajjar has launched a roadmap to resolve social and economic problems that are facing the world. “Confronting poverty is not restricted to providing food, clothes and housing but transforming the poor to...