Middle-east Arab News Opinion | Asharq Al-awsat

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Ministers of Saudi Arabia discuss the National Transformation Plan (NTP)- Reuters

Saudi Makes More Gains on Economic Reform, Other Markets Lag

by Asharq Al-Awsat English | Jun 14, 2016 | Business

Saudi Arabia’s stock index scored its fourth session of gains on Thursday following the announcements of various economic reform plans, while most other bourses lost steam on profit taking. Riyadh’s index nudged up 2 points to 6,607 points. The Saudi...

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People walk past a convoy carrying humanitarian goods waiting to enter the besieged area of Moudamiya Al Sham, at the last checkpoint which is controlled by Syrian government forces, in the suburbs of Damascus, Syria June 1, 2016. REUTERS/Omar Sanadiki

Ramadan in Damascus… People Stay Home, Souks Lack Holy Month Spirit

by Asharq Al-Awsat | Jun 8, 2016 | Middle East

London- Jams, Naem bread, Maarouk bread, Qattayef filled with nuts or Qashta (special snacks for the holy month of Ramdan) have filled the streets along with all the savory delicacies on the Damascus streets. Jellab, licorice syrup, Tamerhindi, Qamareddine reflect the...

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Dollar signs are seen alongside the signs for other currencies at a currency exchange shop in Hong Kong November 1, 2014. REUTERS/Damir Sagolj

Yen Eases after Higher Yuan Guidance, China Worries Linger

by Asharq Al-Awsat English | Jan 11, 2016 | Business

After China’s central bank set a stronger guidance rate for the Yuan on Monday, the safe haven Yen eased against the dollar, casting away fears that Beijing is trying to weaken its currency to gain a competitive export advantage. China’s Yuan has been weakening...

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Oil prices

Oil Producers Start Year with $100 Billion Wiped out

by Wael Mahdi | Jan 8, 2016 | Business

For the first week of 2016, oil prices slumped hitting a low beneath 35 dollars per barrel, which consequentially raised investors’ concerns of it further declining over the upcoming days, and setting back to 30 dollars per barrel. Oil prices are under two pressuring...

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An artist’s impression of the complete newly renovated Dammam women’s market. (Asharq Al-Awsat)

Dammam women’s market to open in September

by Eman Al-Khattaf | May 14, 2014 | Lifestyle & Culture

Dammam, Asharq Al-Awsat—The renovation and development of Dammam’s traditional women’s souq (market) will be completed in September, according to an official from the Eastern Province Municipality. Speaking to Asharq Al-Awsat, Mohamed Al-Sufyan, a spokesperson for the...