Home The BuzzBusiness briefing: 28 Aug 2013
The Buzz

Business briefing: 28 Aug 2013

by Executive Staff
written by Executive Staff

Economics and Policy

Consumer confidence in Lebanon remains the lowest compared to its regional peers despite marginal improvement, a new study has found.

More from The Daily Star

 

Brent crude jumped to a six-month high, rising more than $3 to top $114 a barrel and sent equities worldwide substantially lower Tuesday as Western powers considered a military strike against Syria.

More from Reuters

 

 
The threat of an attack on Syria also affected the Gulf, with markets plunging on Tuesday.
 
 
 
Companies and Business
 

Oman is in talks to buy Iranian gas in a 25-year deal worth about $60 billion, Iran's oil minister said yesterday.

More from The National

 

National Petroleum Construction Company (NPCC), in consortium with Technip France Abu Dhabi, has been awarded a $1.69bn contract to develop an Abu Dhabi offshore oil field.

More from Arabian Business

 

Land and property sales in Dubai have skyrocketed by 67 percent in a year with $6.26bn of transactions made to the end of July, figures show.

More from Arabian Business

 

Several Lebanese tourism businesses will face bankruptcy by the end of next month, officials in the industry warned on Tuesday.

More from The Daily Star

 

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