Anonymous-Economic Translation from English into Arabic: Difficulties and Challenges for Future Translators

Abstract

Economic translation is an essential part of a business process around the world. In particular, the execution and translation of financial and business documents are closely linked to cooperation with external partners. Consequently, the translation of economic texts is the most challenging since it is a very sensitive field that requires specialized translators who do not fall into the traps of misinterpretation. This research paper investigates all the aspects of the translation process and sheds light on the challenges translators face, some of which are related to properly establishing equivalency in the translation of financial and economic texts, accommodating specific symbols, acronyms and formulae which proved to be a daunting task, borrowing from English when an equivalent term is missing, using adequate metaphors and metonymy, and structuring and coding special information with fidelity. The paper suggests solutions to the main obstacles. The paper concludes by proposing contextually appropriate neologisms to address terminological gaps.