Home The BuzzBusiness briefing: 8 Aug 2013

Business briefing: 8 Aug 2013

by Executive Staff

Economics and Policy Egypt’s urban consumer inflation quickened to its fastest in two years last month, the central bank has said, driven by higher food prices and a sliding currency. More from Reuters     Yemen's government thwarted an audacious terrorist plot to kidnap foreign workers and take control of the country's oil facilities.   More from The National     The Turkish operator of two barges hired by Lebanon to supply electricity has said the second powership is due to arrive on August 14 or 15. More from The Daily Star   Iraq’s Kurdistan region is exporting crude oil by truck to an Iranian port for shipping to Asia, using a trade route that is likely to anger both Baghdad and Washington. More from Reuters   Companies and Business   UAE real estate giant Aldar Properties has unveiled a 200 per cent increase in second quarter net profits. More

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