Middle-east Arab News Opinion | Asharq Al-awsat

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An investor looks at an electronic board showing stock information at a brokerage house in Fuyang, Anhui province, China, June 12, 2015. REUTERS/China Daily

Relaxing Foreign Investment Restrictions Draws Attention to Saudi Share Market

by Shuja Al-Baqmi | Aug 12, 2016 | Business

Riyadh- Saudi share market has become an investment destination that attracts foreign capitals, following the kingdom’sdecision to relax imposed conditions and restrictions on foreign financial institutions that are willing to invest in the local share market. These...

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economy

Egypt Hikes Electricity Prices 40 Percent as Stage Three of Economic Reform Launches

by Sabri Najeh | Aug 9, 2016 | Business

Cairo- Egypt officially raised electricity prices at a 40 percent rate on Monday; the increase is a part of the 5-year reform plan implemented to further bolster and support the country’s economy. The new rates will be effective as of September. Electricity Minister...

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Fahad ShadeedSaudi traders monitor stocks at the Saudi Investment Bank in Riyadh August 7, 2011, Reuters

Saudi Consumer Confidence Stabilizes in 2016’s Second Quarter

by Mahmoud Najem | Aug 5, 2016 | Business

Cairo- Despite plunging oil rates, a main source for the Kingdom’s revenue, Saudi consumers displayed considerable and consistent confidence in their economy which was further proved stable in the second quarter of 2016. Also, consumers across the United Arab Emirates...

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A three-bedroom villa with lake views near Salzburg. Franz Neumayr for The New York Times

House Hunting in … Austria

by Lisa Prevost | Aug 3, 2016 | Business

This villa, built in 2012, overlooks the small town of Mattsee and two lakes, Mattsee and Obertrumer, in upper Austria. Situated on a third of an acre, the property is about a seven-minute walk from the shore of Lake Mattsee. With a population of roughly 3,000,...

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People react near a military vehicle during the attempted coup in Ankara, Turkey. REUTERS/Tumay Berkin

Turkish Officials: State of Emergency will not Affect Gulf Investment

by Abdul Hadi Habtor | Jul 25, 2016 | Business

Riyadh-In light of the recent abortive coup, Turkey’s government confirmed that foreign investment in the country remains unaffected. Gulf and Saudi investment in Turkey continues to flow undisturbed by the newly raised state of emergency. Turkish authorities state...