Home The Buzz Business briefing: 11 Sept 2013

Business briefing: 11 Sept 2013

by Executive Staff

Economics and Policy

Agricultural exports increased 5.4 percent in the first half of the year compared to the same period of last year, but remain lower than levels reached before the Syrian war, a report from the Lebanese Farmers' Association has said.

 

Middle East shares jumped Tuesday, with Dubai soaring 8.5 percent, on hopes that a U.S.-led military strike on Syria might be averted.

More from Reuters

 

Proposals by football regulator body FIFA to move the 2022 World Cup tournament to a winter date is likely to land Qatar with a large compensation bill from sponsors and football clubs.

More from Arabian Business

 
Companies and Business

Employees in the UAE are in line for an average salary increase of five per cent in 2014, the second successive year the average pay rise in the emirates has dropped by 0.1 per cent.

More from Gulf Business

 

First Gulf Bank, the United Arab Emirates' third largest bank, is cutting about 300 jobs, equivalent to nearly 10 percent of its workforce.

More from Reuters

 

Labourers taking short-cuts are to blame for the majority of injuries on construction sites, a top executive at Arabtec, one of the largest builders in the Gulf, has said.

More from Arabian Business

 

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