Business briefing: 26 Nov 2013

‘Visit Lebanon to stop terrorism’, plus other news

Economics and Policy

The caretaker tourism minister has called on the Lebanese diaspora to deliver a Christmas gift to the country this year: Visit Lebanon over the holiday season to send a message that terrorism wouldn’t work.


Lebanese banks have provided 96,000 housing loans thanks to the soft loan initiative by the Central Bank, Governor Riad Salameh has said.

More from The Daily Star


A Saudi court has sentenced one man to death and another 19 to jail for the deadly storming of the U.S. consulate in the Red Sea city of Jeddah in 2004, one of a series of al Qaeda attacks last decade.

More from Reuters

Companies and Business

The $500 million London initial public offer of shares by Dubai-based DAMAC Real Estate is 75 per cent covered, and the deal is set to price today, according to a lead.

More from Reuters

Qatari broadcaster Al Jazeera Sport has seen its live coverage of the English Premier League limited as a result of illicit access to its satellite feeds in the UK.

More from Arabian Business