Middle-east Arab News Opinion | Asharq Al-awsat

Media ID: 55357694
Caption:

A picture illustration shows U.S. 100 dollar bank notes and Japanese 10,000 yen notes taken in Tokyo August 2, 2011. REUTERS/Yuriko Nakao

Capital Flow to Saudi Shares Market Declines

by Shuja Al-Baqmi | Sep 3, 2016 | Business

Riyadh-The recent relapse in traded monetary liquidity averages in the Saudi shares market caused concern for some shareholders in enlisted companies. This situation coincided with the upcoming Eid Al-Adha holiday. On the level of monetary liquidity flow to Saudi...

Media ID: 55356061
Caption:

Men walk pass an automated teller machine (ATM) outside Bank Al Bilad in Riyadh, Saudi Arabia, April 25, 2016. REUTERS/Faisal Al Nasser/File Photo

Saudi Arabia Amends Visa Fees to Diversify Economy

by Shuja Al-Baqmi | Aug 9, 2016 | Saudi Arabia

Riyadh – Saudi Arabia’s Cabinet decided on Monday to regulate entry and exit visa fees within efforts to diversify economic resources in the country. With the adoption of the new regulations, the Kingdom aims at encouraging the foreign labor force to spend more time...

Media ID: 55353513
Caption:

A Saudi man walks at the Tadawul Saudi Stock Exchange, in Riyadh, Saudi Arabia, Monday, June 15, 2015. Saudi Arabia’s stock market, valued at $585 billion, opened up to direct foreign investment for the first time Monday, as the kingdom seeks an economic boost amid low global oil prices. (AP Photo/Hasan Jamali)

Little Improvement in Saudi Banks

by Shuja Al-Baqmi | Jun 28, 2016 | Business

Riaydh – In a new development that reveals the strength of financial structure of Saudi banks, Saudi Arabian Monetary Agency (SAMA) issued its annual study which showed a little increase of 2% of deposits in local banks during 2015. Based on the study, the bank...

Media ID: 55351575
Caption:

Opinion: Jihad With the Iranian Rial!

by Tariq Alhomayed | May 29, 2016 | Opinion

Our newspaper published a story about Iran allocating an annual budget for the Palestinian Islamic Jihad (PIJ) organisation after relations between them were restored. An official at the organisation’s press office said that Iranian support “is not an accusation” and...

Media ID: 55303708
Caption:

File photo of 55 Water Street, home of Standard & Poor’s, in New York. (AP Photo/Henny Ray Abrams)

S&P raises Saudi’s long-term sovereign rating outlook

by Shuja Al-Baqmi | May 30, 2013 | Business

Riyadh, Asharq Al-Awsat—Standard & Poor’s has upgraded Saudi Arabia’s long-term sovereign rating outlook from “stable” to “positive” following a similar move by Fitch in March. S & P’s new rating outlook for Saudi Arabia was issued just one day after...