Home The Buzz Morning briefing: 21 Jan 2013


Morning briefing: 21 Jan 2013

Gold ticks upwards, plus other business news

by Executive Staff

Economics

Gold inched up on Monday to reverse losses from the previous session, bolstered by expectations for aggressive monetary easing from the Bank of Japan.

More from Reuters

 

Average rental rates for residential property in Dubai increased 17 percent last year while villa rentals rose 14 percent following a rebound in the emirate’s real estate sector, according to a new report.

More from Arabian Business

 

Masdar and Morocco have signed a framework agreement that paves the way for investment into the North African country's burgeoning renewable energy sector.

More from The National

 

The number of tourists in Lebanon during 2012 reached 1.36 million, down by 17 percent from 2011, according to the statistics of the Ministry of Tourism (MoT).

More from Lebanon Business News

 

Companies

Growth in Lebanon’s Bank Audi’s local and foreign operations – mainly Turkey and Egypt – have outpaced the contraction of its activity in Syria, the bank reported Sunday as it released its 2012 end year results.

More from The Daily Star

 

WorleyParsons has been awarded a three year contract by Shell Gas Iraq BV to provide project management support and services for the rehabilitation of gas facilities and infrastructure that are part of the scope of Basrah Gas Company (BGC).

More from Worley Parsons

 

Etihad Airways has signed a three-year, multi-million dollar partnership with Sydney Opera House in a bid to further grow its cultural profile in Australia.

More from Gulf Airways

 

Saudi Arabia’s Kingdom Holding, the investment firm of billionaire Prince Alwaleed bin Talal, posted an 11.6 per cent increase in its fourth-quarter net profit, it said in a bourse statement on Monday.

More from Gulf Business

 

Saudi Arabian Mining Co (Maaden) posted a forecast-beating 45 per cent increase in its fourth-quarter net profit after it began production of ammonia and di-ammonium phosphate, it said in a bourse statement on Sunday.

More from Reuters

Support our fight for economic liberty &
the freedom of the entrepreneurial mind
DONATE NOW

Executive Staff


--------------------------------------


View all posts by

You may also like