Home The BuzzBusiness briefing: 6 June 2013

Business briefing: 6 June 2013
ENAR

by Executive Staff

Economy and Politics Gulf Arab countries have issued a travel warning for Lebanon, telling their citizens to avoid what is a popular tourist destination for the region after a spillover of violence from neighbouring Syria. More from Reuters   Qatar has awarded four design and build contracts worth approximately $8.2 billion for phase one of the Doha metro. More from Reuters   The UAE advertising industry accounted for a 33 per cent share of the GCC’s total ad spend estimated at $4.8 billion in 2012 to remain number one, as the print media continued its dominance with a 71 per cent share of the overall market. More from Khaleej Times   Some 72 percent of residential projects in Beirut completed in 2012 are still unsold, a new report has shown. More from The Daily Star   Companies and Business Zain Saudi, the kingdom's third-largest telecom operator, has signed a SR2.25bn

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