Home The Buzz Business briefing:12 July 2013


Business briefing:12 July 2013

Instability scaring off Lebanon oil bidders, plus other news

by Executive Staff

Economics and Policy

A number of the companies bidding on Lebanon's oil and gas have withdrawn over security concerns.

More from The Daily Star

 

The International Monetary Fund is not currently discussing a possible loan with Egypt's interim government, and its decision on whether to engage would be guided by the views of the international community.

More from The Daily Star

 

A US-backed plan to boost the Palestinian economy is taking shape.

More from AFP

 
Companies and Business

Dutch dredging and maritime service provider Boskalis Westminster has sold its 40 percent stake in Middle East maritime contractor Archirodon to its joint venture partner and another investor for $190m.

More from Arabian Business

 

The Iraqi banking sector is set for significant earnings and asset growth over the next decade driven by a strong macro environment, increasing credit penetration and the improving security situation in the country, says a report.

More from Khaleej Times

 

Bahrain and Saudi Arabia have assigned five firms to study the construction of a railway bridge parallel to the King Fahd Causeway.

More from Khaleej Times

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