Business briefing: 2 Sept 2013

Egypt's state prosecutor says he has referred ousted President Mohammed Morsi for trial on charges of inciting the murder of protesters.

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Yemen's transport minister has called on Middle Eastern companies to participate in a $500 million tender next month that would revamp the country's airport infrastructure and improve services and operations management.

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General Motors said it expected the automobile industry in the Middle East to show growth that is sustainable, but at a slower rate than in the last few years, hurt by uncertainty and political crisis in markets such as Egypt and Syria.

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Saudi Arabia's No.3 telecom operator Zain Saudi has appointed industry veteran Hassan Kabbani as chief executive with immediate effect.

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The US military has not renewed its contract to buy jet fuel from Emirates National Oil Company (ENOC) in the United Arab Emirates (UAE) because other suppliers made cheaper bids, the US Department of Defence said.

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Etihad Airways expects a $600m investment in Jet Airways to be cleared by Indian authorities imminently.

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