Middle-east Arab News Opinion | Asharq Al-awsat

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Reuters

Fitch Downgrades Qatar’s Rating, Expects Slowdown in Growth

by Asharq Al-Awsat | Aug 29, 2017 | Business

London- Qatar’s government may reduce its capital spending on economic projects and infrastructure if damage to its economy from sanctions intensifies, Fitch Ratings said on Monday as it cut the country’s credit rating. Fitch lowered Qatar by one notch to AA-minus...

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This undated file photo shows the Sharjah skyline. (Reuters)

Sharjah debut Islamic bond 10 times oversubscribed

by Musaid Al-Zayani | Sep 11, 2014 | Business

Sharjah, Asharq Al-Awsat—Gulf emirate Sharjah launched its first sovereign sukuk on Wednesday, a 10-year, 750-million-US-dollar Islamic bond with a 3.764 percent yield that has been more than 10 times oversubscribed, in what was the emirate’s debut debt issue on...

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An Egyptian demonstrator holds bread in a protest earlier this month against the International Monetary Fund. The Egyptian government is trying to chart a delicate course between economic reform to appease lenders, without alienating its own people. (AFP)

Opinion: From Arab Spring to Economic Winter

by Afshin Molavi | May 11, 2013 | Opinion

The revolutions that have transformed the Arab world have also transformed economies, largely for the worse. If the so-called “Arab Spring” were to receive a credit rating, the verdict would be obvious and unfortunate: downgrades. We have seen the multiple pathologies...