Home The BuzzBusiness briefing: 7 Oct 2013

Business briefing: 7 Oct 2013

by Executive Staff

Economics and Policy The International Monetary Fund (IMF) has increased its forecast economic growth for the GCC to 4.4 percent in 2014. More from Arabian Business   Some 2,000 jobless Moroccans have marched through the capital demanding the government sort out the nation's unemployment. More from Associated Press   Kuwait believes an oil price of $100-$110 a barrel is fair for producers and consumers, the Gulf OPEC state's oil minister has said. More from Reuters   Syrian President Bashar al-Assad's regime deserves credit for complying with a chemical weapons deal, US Secretary of State John Kerry has said. More from BBC   Companies and Business Saudi Arabia's Almarai reported a 5.7 percent rise in third-quarter net profit on Sunday, missing analysts' estimates despite what the company described as "the strong performance of core dairy and juice categories". More from Reuters   Riyad Bank, Saudi Arabia’s third-largest lender by market value,

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