Economics and Policy
France has cleared the use of frozen Syrian bank assets to fund the export of food to the country as part of a European Union system that allows such funds to be used for humanitarian ends.
Elsewhere, France's foreign minister has said he expects the UN Security Council to agree on a resolution to enforce the chemical weapons deal with Syria.
The UAE economy will grow by 3.5 percent this year, according to credit insurance giant Euler Hermes.
Israel will offer the Palestinians a broad package of new economic projects for the West Bank and the Gaza Strip during a donors’ conference at the United Nations in New York today.
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Companies and Business
Smartphone maker BlackBerry has agreed to go private in a $4.7 billion deal led by its biggest shareholder, allowing the on-the-go email pioneer to regroup away from public scrutiny.
Real Madrid have canceled a planned $1 billion football-themed resort in the United Arab Emirates after the project’s organizer defaulted on payments.
Qatar Petroleum, the state-owned energy firm, has picked two banks to help arrange an initial public offer of shares in one of its units, an issue which could be worth around $880 million.
