Asharq Al-Awsat Editorial

Editorial desk and wire-service reports (AFP, Reuters, AP) as published in the Asharq Al-Awsat English Edition. This archive preserves the original text (2005–2017); attribution appears in the article dateline where provided by the source.

54082 articles
World

Sudan to End Subsidies by 2019

Khartoum, London- Sudanese Minister of State for Finance Magdi Hassan Yasin stated that his country plans to end all subsidies on food and fuel by 2019 and forecasts the lifting of U.S. sanctions will earn its hard currency-starved economy USD4 billion per year in remittances. “Distortions wil

From Hunting Wolves in Rub Al-Khali to Global Oil Trade

“Out of the Desert: My Journey From Nomadic Bedouin to the Heart of Global Oil” By: Ali Al-Naimi 320 pages, $27 Published by Penguin Looking for Ali Al-Naimi’s book in New York and London bookshops you won’t find it in the section marked “Biography”. For some reason, the book is displayed in a secti

Oil Rates Rise on OPEC Production Cuts

Oil rates witnessed an increase of some 2 percent on Tuesday after news OPEC oil production has fallen sharply this month and the dollar sank. “This is very high, a good number,” an OPEC source said of the January compliance estimate. The dollar was down by 0.9 percent versus a basket of

Houthis Target UN Building in Dhahran Al-Janoub

Houthi militias and those loyal to the ousted president Saleh yesterday targeted a United Nations building in Dhahran Al-Janoub which is located in Saudi Arabia’s Asir region. The Saudi Press Agency (SPA) reported that the UN De-escalation and Coordination Committee building came under fire from Kat

ISIS Activates Terror Cells in Nile Valley

Cairo- Egyptian experts said that ISIS has activated its cells in the Nile valley away from the peninsula of Sinai, where it targeted security officers over the past three years. These warnings came with the release of a local study highlighting the flow of huge financial sums to fund terrorist oper

Kuwait Launches “New Kuwait 2035”

Kuwait- Kuwait has launched on Monday “New Kuwait 2035”: a development plan that represents the state’s promising economic future by 2035, a plan that aims at transforming Kuwait to a financial and commercial center that attracts investments. This vision aims at making Kuwait an attractive investmen