Home The BuzzBusiness briefing: 26 August 2013

Business briefing: 26 August 2013

by Executive Staff

Economics and Policy Iran will stop paying monthly cash handouts to citizens who don’t need the aid, Shargh reported Sunday, citing a member of parliament. More from Bloomberg   Elsewhere in Iran, the country's new oil minister has said the country is being hurt by high oil prices. More from Reuters   Sudan earned at least $230 million in fees for the export of South Sudanese oil this year, official media reported Sunday. More from AFP   Egypt’s premier said comments by International Monetary Fund Managing Director Christine Lagarde acknowledge that Egypt needs assistance. More from Bloomberg   Companies and Business   Dubai's bourse on Sunday posted its largest one-day gain in August as small-caps surged on buying by retail investors, while Egypt rose for a fourth straight session after curfew hours were reduced. More from Reuters   Al Jazeera has accused US cable firm AT&T of coming up with

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