Business briefing: 19 Sept 2013

Syria chemical weapons dump costs $1bn, plus other news

Economics and Policy

President Bashar Al Assad has said it would cost about $1 billion to get rid of Syria's chemical weapons under a US-Russian deal reached last week.

More from Reuters

 

The Beirut Stock Exchange continues to tumble both in volume and value as many Lebanese investors look into more promising and stable markets abroad.

More from The Daily Star

The Palestinian Authority has warned that its economy cannot grow under Israeli occupation and restrictions, echoing the findings of an International Monetary Fund report.

More from AFP

 

More than 1 million expats have left Saudi Arabia under an amnesty announced by King Abdullah in April in a bid to rid the kingdom of illegal foreigners.

More from Arabian Business

 

Companies and Business

Dubai's Mashreq will allow foreigners to own up to 20 percent of the bank's shares, it said in a bourse statement on Wednesday.

More from Reuters

 

Football world governing body FIFA has said there is no chance of compensation being paid to countries that lost the bid to host the 2022 World Cup – awarded to Qatar – as well as broadcasters, professional leagues or sponsors, even if the schedule is changed to winter.

More from Arabian Business

 

*

Top