Home The BuzzBusiness briefing: 10 July

Business briefing: 10 July

by Executive Staff

Economics and Policy

Lebanon's March 8 political coalition has collapsed, Parliamentary Speaker Nabih Berri has said.

More from The Daily Star

 

Saudi Arabia has approved $5 billion in aid to Egypt and the United Arab Emirates has offered $3 billion in desperately needed support for the economy after the army ousted the Islamist president last week.

More from AFP

 

While private equity firms saw a reduction in the level of new funds raised in 2012, the investment sector has shown strong signs of recovery, with the overall pool of funding available to SMEs, technology and media companies attracted significant interest throughout the region last year.

More from Arabian Business

 

Companies and Strategies

Royal Dutch Shell announced a surprise choice by naming Ben van Beurden, currently head of refining, as its new chief executive.

More from The National

 

Qatar National Bank (QNB), the largest Middle East lender by assets, appointed Ali al-Kuwari as acting chief executive officer after a recent government reshuffle that saw its previous head named the Gulf state's finance minister.

More from Reuters

 

A 75-year-old Palestinian businessman is on a $10 million mission to boost Arabic on the internet, where it accounts for less than one per cent of websites despite being spoken by one in 20 people worldwide.

More from Reuters

 

You may also like