Economics and Policy
Power rationing in Lebanon is due to continue until at least Friday due to ongoing maintenance work, the state-run energy company has said.
Central Bank governor Riad Salameh has said that Lebanon successfully raised LL700 billion ($466.6 million) from the sale of eight- and 10-year Treasury bills.
Kuwait needs a Disney Land-type attraction to improve tourism, a leading businessman has said.
The Lebanese stock exchange and markets remain immune to the effects of the U.S. decision to end its quantitative easing program in 2014, bankers and economists believe.
Dubai Holding’s telecoms unit has hired Credit Suisse as a financial adviser to sell its 35 per cent stake in state-owned Tunisie Telecom, three banking sources aware of the matter said.