Home The BuzzBusiness briefing: 21 Oct 2013

Business briefing: 21 Oct 2013

by Executive Staff

Economics and Policy Political unrest has hurt Tunisia’s growth outlook but it will stay committed to cutting the state budget deficit next year, while relying on foreign aid to fill a large external financing gap, Prime Minister Ali Larayedh has said. More from Reuters   The Gulf Arab state of Kuwait will allow Egypt to repay a $2 billion central bank deposit over five years instead of the current one-year timeframe, Egypt’s interim prime minister has said. More from Reuters   Israel has named Karnit Flug as the first woman to head its central bank and meet the challenge of a rising shekel after a rocky selection process that dragged on for months. More from Reuters   Companies and Business Lebanon's Bank Audi saw net profits decline by 5.5 percent in the first nine months of 2013 compared to the same period last year. More from The Daily Star  

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