Regional stock market indices Regional currency rates Syria to collect $550 million from mobile operators in 2008 The Syrian government has forecasted $550 million in revenues from the country’s two mobile operators, MTN and Syriatel. The new figure represents a 31% increase over the 2007 collection due to the build, operate and transfer (BOT) nature of the project. This entitles the government to collect 50% of the revenues instead of 40% in 2007. The Syrian Telecommunication Establishment (STE), a state-owned monopoly fixed-line operator, collects the royalties on behalf of the government. STE, which is expected to have a $1.2 billion of revenues in 2008, is planning on investing $1.5 billion over the next five years in expanding its fixed-line network into remote parts of the country. Citigroup inks $2.8 billion Yemeni gas project Yemen’s $2.8 billion gas-liquefication plant, considered the country’s biggest financed project, has been finalized by Citigroup ahead
