Middle-east Arab News Opinion | Asharq Al-awsat

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The production line at a meat factory in China. Reuters

Half of Global Industrial Investments Come from Asian Countries

by Mutlaq Muneer | Mar 30, 2017 | Business

London- Countries in southern and eastern Asia have increasingly attracted global investments. According to a specialized global institution, 36,000 new industrial projects were launched in 140 countries during 2016 with investments worth USD2.3 trillion. Asian...

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The OPEC flag and the OPEC logo are seen before a news conference in Vienna, Austria, October 24, 2016. REUTERS/Leonhard Foeger

Oil Prices Slip as OPEC Points to Bigger 2017 Oil Glut

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

Oil prices took a plunge on Friday reflecting the oversaturated markets, with an unlikely chance of change so long Organization of the Petroleum Exporting Countries (OPEC) sustain high production rates. International Brent crude futures traded at $45.13 per barrel at...

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A drilling rig is pictured at a well pad of the Rosneft-owned Prirazlomnoye oil field outside the West Siberian city of Nefteyugansk, Russia, August 4, 2016. REUTERS/Sergei Karpukhin

OPEC Predicts Hike in 2017 Surplus

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

Demand for crude from the Organisation of the Petroleum Exporting Countries will average 32.48 million barrels per day (bpd) in 2017, OPEC said in a monthly report on Monday. That is down from the previous forecast of 33.01 million bpd. OPEC itself kept output near a...