Home The Buzz Business briefing: 27 Sept 2013

Business briefing: 27 Sept 2013

by Executive Staff

Economics and Policy

Egypt's central bank has received a $2 billion deposit from Kuwait, the governor said on Thursday.

More from Reuters

 

The Middle East Quartet published a plan on Thursday to revive the ailing Palestinian economy, in an effort to support peace negotiations between Israel and the Palestinians.

More from AFP

 

The Arab Monetary Fund (AMF) has extended $117 million in credit facilities to Jordan to help the aid-dependent country make faster progress in structural economic reforms.

More from Reuters

 

Companies and Business

A flight by foreign companies from violent unrest in Egypt threatens to drive up vacancy rates at offices and malls and prompt international investors to shift funds to sub-Saharan real estate.

More from Reuters

 

Mubadala, the Abu Dhabi investment fund with a mandate to develop the emirate’s local economy, on Thursday posted a 10.4 per cent rise in first-half profit boosted mainly by income from financial investments.

More from Reuters

 

Airlines in the Middle East will splash out $550bn on growing their fleets over the next 20 years, according to a new forecast from US manufacturer Boeing.

More from Arabian Business

 

Small- and medium-size Lebanese banks are looking into ways to survive in a competitive local market amid international demands to increase their capital.

More from The Daily Star

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