Business briefing: 16 Dec 2013

Israeli killed by shots from Lebanon, plus other news

Economics and Policy

An Israeli soldier has been killed by a Lebanese army sniper from across the border, the Israeli military has said.

More from the BBC


Egypt will pay $300 million of the money it owes to foreign oil companies in Egyptian pounds, a Finance Ministry statement said, as part of a $1.5-billion repayment scheme designed to revive confidence in its economy battered by years of turmoil.

More from Reuters


The majority of MENA economies are expected to grow over the next year partially owing to higher oil production, according to asset manager PineBridge Investments.

More from Gulf Business


Abu Dhabi has set up a $27m fund to help support local farmers and develop more sustainable farming methods over the next five years.

More from Arabian Business


Companies and Business

The Mall of Qatar, a retail and entertainment project set for completion in September 2015, will offer an experience completely unique to those seen in Dubai, according to its head.

More from Gulf Business