Home The BuzzMorning briefing: 22 Feb 2013

Morning briefing: 22 Feb 2013

by Executive Staff

Economics

A senior Qatar aviation official has said that the new Hamad International Airport, which is set to open in April, will be one of the world's best.

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Lebanon’s energy minister has launched the country’s first onshore seismic survey of potential hydrocarbon reserves, bringing the hunt for oil and gas inland for the first time in nearly 50 years.

More from The Daily Star

 

Thousands of demonstrators rallied across Lebanon Thursday as a growing number of civil servants joined an open-ended strike to demand the immediate approval of a wage hike.

More from The Daily Star
 

Egypt, the world's biggest importer of wheat, said it has enough stocks of wheat to last 101 days and it expects its supply to increase further as more imports arrived.

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Salaries in Saudi Arabia increased by 5.8 per cent in 2012, according to global recruitment firm Aon Hewitt’s annual survey.

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Companies

Lebanon's Association of Bank Employees warned Thursday that it would disclose the names of the Lebanese banks which have failed to implement a 2011 wage hike.

More from The Daily Star

 

Abu Dhabi's Aldar Properties and Sorouh Real Estate, which have agreed to merge operations and create a business with assets worth $13bn, have failed to meet the necessary quorum for a crucial merger vote.

More from Reuters

 

Dubai's transport authority has announced new penalties to deter private vehicle owners from offering illegal taxi services in the emirate.

More from Arabian Business

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