Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55362032
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An emblem of the Central Bank of Yemen is seen on the bank’s gate in Sanaa August 24, 2016. REUTERS/Khaled Abdullah

Governmental Pursuits to Redirect Yemeni Funds to the Banking System

by Asharq Al-Awsat | Nov 13, 2016 | Business

London- The National Bank of Yemen has announced that it will issue on Sunday USD funds in the local market to be sold in a public auction—this step aims at providing a monetary liquidity of the current currency which is undergoing a tough condition in Aden and...

Media ID: 55351649
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A worker walks at Nahr Bin Umar oil field, north of Basra, Iraq December 21, 2015. REUTERS/Essam Al-Sudani/Files

Iraq to Raise Oil Exports Ahead of OPEC Meeting

by Asharq Al-Awsat English | May 30, 2016 | Business

Iraq will supply 5 million barrels of extra crude to its partners in June, industry sources familiar with the issue said, following the steps of other Middle East producers by lifting market share ahead of an OPEC meeting scheduled this week. Iraq, which is the...

Media ID: 55335922
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A gas flame is seen in the desert near the Khurais oilfield, about 99 miles (160 kilometers) from Riyadh, in Saudi Arabia, on June 23, 2008. (Reuters/Ali Jarekji)

Oil steadies around $86 on Saudi–Kuwait oilfield news

by Asharq Al-Awsat | Oct 20, 2014 | Business

London, Reuters—Brent crude steadied around 86 US dollars a barrel on Monday, holding on to a rally from near four-year lows last week on news of a cut in Saudi–Kuwait oil output. Production has been halted temporarily for environmental reasons at the Saudi–Kuwait...

Media ID: 55335922
Caption:

A gas flame is seen in the desert near the Khurais oilfield, about 99 miles (160 kilometers) from Riyadh, in Saudi Arabia, on June 23, 2008. (Reuters/Ali Jarekji)

Too early for OPEC to decide on slashing output: UAE Energy Minister

by Asharq Al-Awsat | Sep 24, 2014 | Business

Dammam, Asharq Al-Awsat—It is too early for OPEC countries to make a decision on lowering the organization’s output target, United Arab Emirates Energy Minister Suhail Al-Mazroui told reporters on Tuesday, despite oil prices falling below the critical 100 US dollar...

Opinion: Japan is still a good bet

by Afshin Molavi | Feb 23, 2014 | Opinion

Tokyo, Asharq Al-Awsat—During the recent three day official visit of Saudi Crown Prince, Deputy Premier and Defense Minister Salman bin Abdulaziz to Tokyo, several Japanese officials were struck by a cadre of young Saudis who spoke fluent Japanese. “Who are these...