Home The BuzzBusiness briefing: 13 Sept 2013

Business briefing: 13 Sept 2013

by Executive Staff

Economics and Policy

The Gulf Arab state of Kuwait will deposit $2 billion in aid in Egypt’s central bank next week, the Egyptian central bank governor has said.

More from Reuters

 

An extension by Lebanon of a key deadline for its first oil and gas licensing round may be a setback but will not end the plans, experts have said.

More from The Daily Star

 

Lebanon’s merchants and traders are contemplating not paying the value added tax in November in order to press politicians to speed up the formation of a Cabinet.

More from The Daily Star


Palestinians are in a precarious economic position and may struggle to keep financing their budgets over time, the International Monetary Fund has warned.

More from Associated Press


Companies and Strategies

Major Saudi construction firm Abdullah A. M. Al-Khodari Sons Co expects the impact on its bottom line of a government levy on foreign workers to last a few more quarters.

More from Reuters

 

Lebanese banks have assured the US ambassador to Lebanon David Hale they were strengthening measures to combat all forms of money laundering, terrorist funding and tax evasion.

More from The Daily Star

 

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