Economics and Policy Arab countries must pursue economic and political reforms and improve their infrastructure in order to strengthen their economies, the head of the World Union of Arab Bankers has said. More from The Daily Star The American energy exploration firm ION Geophysical was awarded a contract to conduct a seismic survey of an additional 1,650 kilometers off Lebanon’s coast, Energy and Water Minister Gebran Bassil has announced. More from The Daily Star An International Monetary Fund team has resumed long-delayed negotiations with Egypt on a $4.8 billion loan to ease a deepening economic crisis in the country. More from Reuters Elsewhere in Egypt, Cairo’s bourse fell to a new 2013 low on Wednesday as foreign investors sold stocks on fears that the country's currency would be further devalued. More from Reuters Companies and Business Abu Dhabi state investment fund Mubadala has signed a $2bn loan refinancing. More from Reuters Telecom
