Home The Buzz Business briefing: 15 Aug 2013


Business briefing: 15 Aug 2013

Crisis scaring off Lebanon oil bidders, plus other news

by Executive Staff

Economics and Policy

International oil companies are frustrated by the failure of politicians to form a Cabinet to designate the offshore gas and oil blocks for exploration.

More from The Daily Star

 

Lebanese industrialists are seeking a deal with religious authorities and municipalities to provide cheap land for new factories amid rising costs for the industrial sector.

More from The Daily Star

 

Security forces struggled to clamp a lid on Egypt on Thursday after hundreds of people were killed when authorities forcibly broke up camps of supporters protesting the ouster of Islamist President Mohamed Morsi, in the worst nationwide bloodshed in decades.
 
 
 
Companies and Strategies
 

Dubai developer Nakheel has floated a tender for piling works for the new $680m Nakheel Mall on Dubai's Palm Jumeirah.

More from Arabian Business

Saudi Telecom's (STC) Indonesian unit has picked Moelis & Co to advise it on negotiations with lenders as the operator steps up efforts to restructure a $1.2bn Islamic loan.

More from Reuters

 

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