Home The BuzzBusiness briefing: 7 Aug 2013

Business briefing: 7 Aug 2013

by Executive Staff

Economics and Policy Security concerns and travel restrictions from Gulf Arab states have driven Lebanese tourist arrivals down by 27 percent during the small Mediterranean state’s peak season, Lebanon’s caretaker tourism minister said. More from Reuters   Elsewhere in Lebanon, declining consumer and business confidence will negatively impact the profitability of the country's banks in the second half of 2013. More from The Daily Star   Iran has taken delivery of several new oil tankers in recent weeks as it relies more on its own fleet capacity to help sustain crude export shipments in the face of western sanctions. More from Reuters   The US is planning $2.7 billion in new sales to Iraq of air defense and communications systems. More from AFP   Companies and Strategies Standard Chartered's net profits fell during the first half of the year as it wrote down its South Korea unit by US$1 billion,

You may also like

✅ Registration successful!
Please check your email to verify your account.