Home The BuzzBusiness briefing: 4 Oct 2013

Business briefing: 4 Oct 2013

by Executive Staff

Economics and Policy A prolonged US federal government shutdown could delay military assistance to Israel and other American allies, the State Department has said. More from Reuters   Saudi Arabia has cancelled its annual address at the UN General Assembly in an unprecedented move in protest against its handling of major issues in the Muslim world. More from Arabian Business   Most Gulf bourses retreated Thursday in cautious investor sentiment ahead of an extended public holiday in mid-October, while strong retail activity lifted Egypt’s bourse. More from Reuters   Companies and Business Middle East Airlines chairman Mohammad Hout has announced that the profits of the national carrier in the first nine months were slightly less than last year but promised to boost productivity and increase working hours to maintain revenues. More from The Daily Star   Petroleum, the world’s largest liquefied natural gas (LNG) exporter and main source of Qatar’s

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