Economics and Policy Twelve billion dollars in aid from Egypt’s wealthy Gulf allies have bought Cairo a window of several months to try and stabilize its politics and repair its state finances – or face fresh economic turmoil. More from Reuters Opec conceded yesterday that the North American shale boom is challenging its position in the market. More from Reuters Lebanom's Court of Accounts has accused the Turkish operator of an electricity-producing barge of responsibility for a month-long stoppage in power production and urged the Lebanese state to seek compensation for the breach of the agreement terms. More from The Daily Star Qatar plans to spend $200 billion in construction projects over nine years, including $140 billion in transportation infrastructure, as it prepares to host the 2022 World Cup, Deloitte said in a report. More from Khaleej Times Companies and Business
