Home The Buzz Business briefing: 19 Aug 2013


Business briefing: 19 Aug 2013

Lebanon budget deficit soars, plus other news

by Executive Staff

Economics and Policy

Lebanon’s budget deficit jumped by more than 38 percent in the first four months of the year.

More from The Daily Star

 

The Middle East and North Africa (MENA) region had the highest unemployment rate across the world in 2012, at 19 per cent, according to the latest annual Payroll to Population (P2P) survey released by Gallup.

More from Executive

 

Yemen has allowed 18 international oil firms to bid for 20 onshore and offshore blocks in the sixth auction issued by the Oil Ministry.

More from Reuters

 

Egyptian shares fell the most in two months on Sunday as Islamists called for more protests following a government crackdown that has left at least 800 people dead.

More from Bloomberg

 

Companies and Business

The Dubai Civil Aviation Authority (DCAA) has projected that aircraft movement in Dubai International Airport and the soon-to-be-launched Dubai World Central (DWC) will rise 77 per cent by 2020.

More from Gulf Business

 

Deposits at banks in the UAE have shown a growth of 7.5 per cent in the first six months of the year on the back of a heavy surge in resident deposits.

More from Khaleej Times

 

Security firms in Lebanon are not necessarily gaining from the increased political insecurity in the country.

More from The Daily Star

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Executive Staff


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