Business briefing: 27 Nov 2013

Lebanon oil firms ‘still interested’, plus other news

Economics and Policy

Most foreign oil firms are still keen to operate in Lebanon despite the delay in launching the offshore gas auction.

More from The Daily Star

FIFA president Sepp Blatter on Tuesday defended under-fire 2022 World Cup hosts Qatar over what he called “unfair” European media attacks.

More from Reuters

 

The UAE government is to spend $1.36bn building new homes for 10,000 Emiratis.

More from Arabian Business

 

Companies and Business

Saudi state oil company Saudi Aramco said on Tuesday it had shut some of its computers for an upgrade and denied it had suffered a cyber attack similar to one it experienced last year.

More from Reuters

 

Qatari telecommunications firm Ooredoo has launched a $1.25 billion, five-year sukuk, the firm's first Islamic bond.

More from Reuters

 

Dubai-based property firm Damac Real Estate has extended roadshows on a London IPO by four days because the verdict on Dubai's bid to host World Expo 2020.

More from Reuters

 

General Electric Co said on Tuesday it signed a nearly $700 million deal with Saudi Electricity Co to supply natural gas turbine generators.

More from Reuters

 

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