Home The BuzzBusiness briefing: 2 July 2013

Business briefing: 2 July 2013

by Executive Staff

Economics and Policy

Egyptian President Mohammed Morsi has rejected the army's 48-hour ultimatum to resolve the country's deadly crisis, saying it will only sow confusion.

More from the BBC

 

New protests have shut down several Libyan oil fields, cutting output by around a third, industry sources said.

More from Reuters

 

Kurdistan's ruling coalition has postponed key elections and granted a two-year extension to the term of President Massoud Barzani, sparking a mass brawl in Parliament.

More from Iraq Oil Report

 
 
Companies and Business

Google has launched a dedicated Arabic TV hub on YouTube that will broadcast more than 500 shows from the top 20 Arabic entertainment channels.

More from Arabian Business

 

LNG shipper Maran Nakilat Co. Ltd has sealed a loan refinancing deal worth $662.4 million, allowing it to proceed with an expansion of its LNG carrier fleet to six ships from four.

More from Reuters

 

Beirut Stock Exchange activity fell 33 percent in the first six months of the year, mainly due to the political standstill and the volatile situation in Syria.

More from The Daily Star

 

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