Middle-east Arab News Opinion | Asharq Al-awsat

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A view of the headquarters of Saudi Basic Industries Corp (SABIC) in Riyadh January 20, 2009. REUTERS/Fahad Shadeed

Reducing Expenditures is Common among Saudi Companies

by Shuja Al-Baqmi | Jan 20, 2017 | Business

Riyadh – Saudi stock market companies continued to announce fiscal results of 2016 one after another. Saudi Basic Industries Corp (SABIC), one of the world’s largest petrochemicals groups, announced a 4.5% drop of net profit in 2016. Saudi Telecom Company...

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Iraq’s Prime Minister Haider al-Abadi speaks during an interview with the Associated Press in Baghdad, Iraq, Monday, Nov. 28, 2016

Abadi Rejects Army’s Strategy in Mosul

by Asharq Al-Awsat | Dec 3, 2016 | Middle East

Mosul- As Iraqi forces and ISIS fight in a fierce urban warfare in Mosul, the leaders of Iraq are discussing the possibility of changing their strategy to help the more than one million civilians flee the city and give the army a free hand to strike the jihadists. The...

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Opinion: The Cost of the Arab Spring is Half a Trillion Dollars

by Abdulrahman Al-Rashed | Nov 15, 2016 | Opinion

The UN’s Economic and Social Commission for Western Asia’s report stated that the Arab Spring led to a net loss of $613.8 billion in economic activity in countries involved in it. This is equivalent to 6 per cent of the region’s GDP in the period between 2011...

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Tehran Calls Up Retired Gen. Rezaei After Losses in Aleppo

by Amir Taheri | May 13, 2016 | Features, Middle East

It was almost a month ago that retired Major-General Mohsen Rezaei, a former Commander of the Islamic Revolutionary Guard Corps (IRGC), suddenly appeared in public wearing full military uniform and lots of decorations to announce that he was returning to “active...