Business briefing: 19 Dec 2013

Lebanon allows IKEA homes for refugees, plus other news

Economics and Policy

Lebanon has decided to allow Ikea to offer flat-pack housing for refugees, after initially rejecting the idea.

More from Time


Egypt's ousted President Mohammed Morsi is to stand trial on charges including conspiring with foreign organisations to commit terrorist acts.

More from the BBC


Torture and summary executions are rife in secret prisons in Syria run by the Islamic State in Iraq and the Levant, Amnesty International has said.

More from the BBC


Companies and Business

Ibrahim Dabdoub, one of the longest-serving bank executives in the world, will retire from National Bank of Kuwait next year after leading the Gulf Arab state’s largest commercial lender for three decades.

More from Reuters


India's Larsen & Toubro has won a $473m contract to build substations in Qatar as the Gulf state looks to increase capacity amid a construction boom.

More from Arabian Business


Bank of London and The Middle East expects Islamic bond issuance to pick up in the Gulf next year as companies refinance maturing debt in a strong economic climate.

More from Reuters