Home The BuzzBusiness briefing: 9 Sept 2013

Business briefing: 9 Sept 2013

by Executive Staff

Economics and Policy

In a setback for Western efforts to tighten sanctions against Iran, a top EU court has thrown out penalties imposed on several Iranian businesses for their alleged ties to the country’s disputed nuclear program.

More from Associated Press

 

The World Bank is looking into establishing a Multi Donor Trust Fund to support Lebanon after its government requested a swift assessment of the social and economic impact of the Syrian conflict on the country.

More from The Daily Star

Children born to a Saudi mother and foreign father will be able to more easily claim Saudi citizenship under a proposed change to the citizenship law.

More from Arabian Business

 

Companies and Business

The online retail industry in the UAE is expected to be worth US$1 billion by 2020 as more shoppers swap the mall for the web.

More from The National

 

Egyptian telecoms tycoon Naguib Sawiris said he was still interested in taking a stake in Telecom Italia but might be discouraged if the Italian government was opposed.

More from Reuters

 

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