Economics and Policy
Dubai’s prolific win to host Expo 2020 will fast-track infrastructure developments such as rail projects and ramp up logistics facilities that are worth billions of dollars.
Dubai’s measure hits a five-year closing high after the emirate was chosen to host World Expo 2020, although the benchmark gives back more than half of its intraday gains.
A decrease in imports reduced Lebanon’s trade deficit in the first 10 months of 2013 by about $2.8 billion compared to the same period of 2012.
Turkey and Iraqi Kurdistan have signed a package of landmark contracts that will see the semi-autonomous region's oil and gas shipped to international markets via pipelines through Turkey.