Home The BuzzBusiness briefing: 19 June 2013
The Buzz

Business briefing: 19 June 2013

by Executive Staff
written by Executive Staff

Economics and Policy

Syria is to  draw on a $1 billion credit line from Iran in order to stabilize the pound after it plummeted to a record low against the dollar this week

More from The Daily Star

 

All of Lebanon’s 10 demarcated offshore blocks were nominated as areas of interest by oil and gas firms participating in the initial licensing round, the Energy Minister said.

 

A lawyer for a son of ousted dictator Muammar Qaddafi has accused Libyan authorities of showing a "blatant disregard" for the International Criminal Court by announcing they will put Saif Al Islam Qaddafi on trial in August.

More from Associated Press

 
Companies and Business
 
Foreign direct investment into the Arab world rose by nearly 10 per cent in 2012 led by Saudi Arabia and the UAE.
 
 

Bkam.com, the Middle East's first price comparison website, has launched a UAE portal after receiving funding from an investment company behind Souq.com and Cobone.com.

More from The National

The French oil major Total has widened its operations in the Kurdish region of Iraq by becoming the operator of a concession in the autonomous area.

More from The National

 

The Qatar Exchange is to introduce trading of government bonds issued by the central bank on June 20, as part of measures to deepen the Gulf state’s debt market and diversify investment tools for banks and other institutions.

More from Reuters

 

Kuwait mobile operator Zain will make acquisitions and partnerships in computer-based industries this year to exploit rising demand for data and help offset falling conventional call and text income, its chief executive has said.

More from Reuters

 

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