Home The BuzzBusiness briefing: 2 Aug 2013

Business briefing: 2 Aug 2013

by Executive Staff

Economics and Business Turkey’s economy is showing signs of slowing, with the weakest manufacturing data in a year bolstering speculation it will miss its year-end growth target. More from The Daily Star   The Egyptian central bank unexpectedly lowered its main overnight interest rate by 50 basis points at a monetary policy committee meeting on Thursday. More from Reuters   Companies and Business The World Bank Group is set to fund a $6.4 million project to boost Lebanon’s mobile Internet systems and help create employment opportunities, especially among youth and women. More from The Daily Star   Saudi Shares did not react significantly to the stock exchange’s announcement that it had appointed a new chief executive. More from Reuters   Abu Dhabi’s bourse climbed to a new 58-month high Thursday, backed by a bullish outlook on banks. More from The Daily Star   Middle East airlines recorded a year-on-year growth

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