The Watermelon Revolutions
An old joke popular among economists says when you have two cows, the state takes one of them and gives it to someone else. This is the socialist system. In a communist system, the state takes both...
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Arab Spring makes region $225 bln poorer
Al Nahda supporters wave flags as they attend a concert during the second anniversary of the Tunisian Revolution at Avenue Habib Bourguiba in Tunis January 14, 2013. REUTERS/Anis Mili DUBAI, (Reuters)...
View ArticleThe economy in times of unrest
The relationship between the economy and politics is like that of the chicken and the egg; which came first? On the one hand, there cannot be genuine and realistic economic development unless there is...
View ArticleThe Iraqi Economy’s Huge Potential
Based on its rich natural resources and huge market potential, Iraq’s economic prospects seem promising. Its population, currently 32 million, is forecasted to increase by over 3 percent annually,...
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IMF says Saudi outlook ‘positive’ for 2013
Attendees speak to each other during the Euromoney Conference in Riyadh May 8, 2013. (REUTERS/Faisal Al Nasser)London, Asharq Al-Awsat—The International Monetary Fund (IMF) gave Saudi Arabia’s economy...
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Arab spring nations face delayed economic recovery-IMF
Egyptian protesters shout anti-President Mohammed Mursi and anti-Muslim Brotherhood slogans during a protest in Tahrir Square, in Cairo, Egypt, Friday, May 24, 2013.(AP)AMMAN, Reuters—Arab spring...
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Egypt: Gulf aid is a temporary solution, say experts
Egyptians wait for customers in an alley of the historic Khan al-Khalil market in downtown Cairo on July 13, 2013. Source: AFP Photo/Marwan Naamani Cairo, Asharq Al-Awsat—Experts say that billions of...
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Saudi GDP growth records gradual slowdown
File photo of old Okaz Market in Taif, near Mecca, Saudi Arabia (Asharq Al-Awsat)Riyadh, Asharq Al-Awsat—A report published by the Saudi Central Department for Statistics and Information has revealed...
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Egypt postpones Qatari bond issue
File photo of people and vehicles are seen caught in a traffic jam in front of the Central Bank of Egypt’s headquarters in downtown Cairo. (Reuters/Amr Abdallah Dalsh) Cairo, Asharq Al-Awsat—Hamdi...
View ArticleReconciling the Contradictions of U.S. GDP Data
From ASHARQ AL-AWSAT English. The second-quarter U.S. gross domestic product data released Friday had something for everyone. Optimists could draw comfort from the robust … continue reading Reconciling...
View ArticleNigeria Loses Africa’s ‘Biggest Economy’ Title
From ASHARQ AL-AWSAT English. Lagos- As oil rates plunge amid a tragic lack of security in the south, a massive humanitarian crisis in the … continue reading Nigeria Loses Africa’s ‘Biggest Economy’...
View ArticleU.S. Economy to Lose $1 Trillion if Trump Elected
From ASHARQ AL-AWSAT English. London-The U.S. economy is expected to witness a sudden deflation, not because of the negative effects of the global economic … continue reading U.S. Economy to Lose $1...
View ArticleSaudi Arabia Promotes First International Bonds
From ASHARQ AL-AWSAT English. Khobar- Saudi Arabia will meet investors on Wednesday and Thursday in London followed by three-day meetings in the U.S. which … continue reading Saudi Arabia Promotes...
View ArticleSaudi Arabia Eases Procedures to Boost Mining Sector
From ASHARQ AL-AWSAT English. Jeddah- The Ministry of Energy, Industry and Mineral Resources in Saudi Arabia announced willingness to launch more investment licenses in … continue reading Saudi Arabia...
View ArticleOpinion: The Cost of the Arab Spring is Half a Trillion Dollars
From ASHARQ AL-AWSAT English. The UN’s Economic and Social Commission for Western Asia’s report stated that the Arab Spring led to a net loss … continue reading Opinion: The Cost of the Arab Spring is...
View ArticleIMF: Kuwaiti Economy to Revive in the Medium Term
From ASHARQ AL-AWSAT English. Kuwait- The Central Bank of Kuwait announced that the International Monetary Fund (IMF) mission to Kuwait expected a gradual revival … continue reading IMF: Kuwaiti...
View ArticleKing Salman: Saudi Economy Possesses Sufficient Strength despite Challenges
From ASHARQ AL-AWSAT English. Riyadh – Saudi Arabia has announced its general budget of 2017, which was approved by the Saudi cabinet in its … continue reading King Salman: Saudi Economy Possesses...
View ArticleIMF: Immigration Boosts Wealth of Hosting Countries
From ASHARQ AL-AWSAT English. Brussels – Immigration has a generally positive economic impact on receiving countries but the benefits depend on how well the … continue reading IMF: Immigration Boosts...
View ArticleReport: World’s Eight Richest as Wealthy as Half Humanity
From ASHARQ AL-AWSAT English. London- Just eight individuals, all men, own as much wealth as the poorest half of the world’s population, Oxfam said … continue reading Report: World’s Eight Richest as...
View ArticleGCC Food Services Market to Reach USD28 billion by 2020
From ASHARQ AL-AWSAT English. Dammam – Al Masah Capital Limited has prepared an economic report that expects an annual growth of 6.8% in the … continue reading GCC Food Services Market to Reach USD28...
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