Home The BuzzMorning briefing: 8 Feb 2013

Morning briefing: 8 Feb 2013

by Executive Staff

Economics Iran, which fell two places to become India’s fourth-largest crude supplier last year, may lose $2.5 billion of revenue as global sanctions prompt the South Asian nation to reduce purchases. More from Reuters   Foreign buyers helped Egypt’s index recover some of the previous session’s losses that had been sparked by the country’s foreign reserves slumping to critical levels, while Gulf markets were mixed in uneventful trading ahead of the weekend. More from Reuters   The International Monetary Fund offered to provide assistance to Syrian refugees in Lebanon during Finance Minister Mohammad Safadi’s visit to Washington last week. More from The Daily Star   Oman's government will limit the number of foreign workers and sharply raise the minimum wage for locals in a drive to increase employment of Omani citizens, state news agency ONA reported. More from Reuters   Companies HSBC will close the accounts of some Syrian nationals

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