Middle-east Arab News Opinion | Asharq Al-awsat

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A general view of Dubai’s cityscape September 25, 2013. REUTERS/Ahmed Jadallah

Gulf Markets Mixed in Early Trade, Ma’aden Soars in Saudi

by Asharq Al-Awsat English | May 1, 2016 | Business

Stock markets in the Gulf were mixed in early trade on Sunday, as Saudi Arabia’s bourse propped up by commodity-related shares while banks weighed on United Arab Emirates indexes. Shares in Saudi Arabian Mining Co jumped 9.5 percent, their daily limit, after the miner...

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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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A visitor waits for the New Year opening ceremony at the Tokyo Stock Exchange (TSE), held to wish for the success of Japan’s stock market, in Tokyo, Japan, January 4, 2016. REUTERS/Yuya Shino

Global Markets-China Turmoil Sends Oil, Stocks Sliding

by Asharq Al-Awsat English | Jan 7, 2016 | Business

Global shares dropped for a sixth day on Thursday and oil prices fell to levels not witnessed since the early 2000s, after China guided the Yuan lower and Shanghai shares tumbled by 7 percent, igniting fears of competitive devaluations across Asia. Chinese stock...

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President of Crescent Petroleum: Events of the “Arab Spring” changed the reality of exports in Arab States

by Sharif Abdul-Hamid | Aug 6, 2013 | Business

Majid Jafar, CEO of UAE’s “Crescent Petroleum” and member of the board of directors delegated to “Dana Gas” has said investors from several areas where the company invested and increased productivity were very optmisitc. He admitted that the current value of...

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Yahoo CEO Marissa Mayer speaks about the company’s acquisition of Tumblr at a press conference in Times Square on May 20, 2013 in New York City. Source: Mario Tama/Getty Images/AFP

Yahoo’s rise in Asia offsets risk from Tumblr bet

by Asharq Al-Awsat | May 22, 2013 | Media

San Francisco, Reuters—Yahoo Inc Chief Executive Marissa Mayer’s USD 1.1 billion acquisition of blogging service Tumblr will be a test of her ability to revive the aging Web portal. Luckily for her, her performance may be graded generously. Mayer faces plenty of...