Business briefing: 9 Dec 2013

Qatar’s non-oil sector set for growth, plus other news

Economics and Policy

Hundreds of Egyptian police rallied on Sunday to demand higher wages, in a rare act of defiance of a new protest law which they themselves have been enforcing to quell unrest on the streets.

More from Reuters

 

Qatar’s diversifying economy is set to reap rewards with the non-hydrocarbon sector predicted to be worth more than half of the country's GDP by 2015, according to the country’s biggest bank.

More from Arabian Business

 

Lebanon has launched a tender to import liquefied natural gas in a bid to cut the country’s energy costs by $2 billion per year, the caretaker energy and water minister has said.

More from The Daily Star

 

Companies and Business

Middle East carriers witnessed a stellar 14 per cent year-on-year growth in passenger traffic in October, much higher than the global average of 6.9 per cent, according to the latest report released by the International Air Transport Association.

More from Gulf Business

 

Football fans in the Gulf will be able to get a glimpse of the FIFA World Cup trophy when its official global tour stops off in the region this month.

More from Arabian Business

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