Home The BuzzMorning briefing: 27 May 2013

Morning briefing: 27 May 2013

by Executive Staff

Economics and Policy The resignation of Kuwait’s oil minister Hani Hussein has been accepted, local media reported, after he came under pressure from lawmakers wanting to question him over a $2.2 billion compensation payment to Dow Chemical Co. More from Reuters   Arab spring countries face rising social tensions that could thwart an early economic recovery from over two years of political turmoil that has worsened fiscal pressures and threatens macroeconomic stability, a senior IMF official said over the weekend. More from Reuters   The United States has launched a $4 billion development fund aimed at transforming the economy of the West Bank and restarting the Israel-Palestinian peace process. More from The National   Just three percent of UAE workers are happy with their current salary, according to the findings of a poll, while 67 percent believe they are underpaid compared to their industry peers. More from Arabian Business  

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