Economics and Policy
Donor countries committed $3.6 billion to Sudan's Darfur region to be paid over six years during a donor conference on Monday hosted in Qatar aimed at helping it cope with an armed conflict that has killed thousands.
The Beirut Stock Exchange rose for a second trading day on Monday as Solidere stocks gained on the appointment of Prime Minister Tammam Salam.
A report handed to the Lebanese State Prosecutor Monday named 411 individuals who allegedly received illicit money from the now-defunct Al-Madina Bank.
Companies and Business
Kuwait-based Burgan Bank is looking at potential acquisitions in Egypt to step up international expansion and is not put off by the country's uncertain political situation.
The United Arab Emirates’ top telecom operator Etisalat has stopped blocking the website of Skype, the world’s No.1 internet-based phone call provider, although the move could put further pressure on the state-controlled firm’s revenue.
Malaysian construction firm MMC Corp Bhd said the Saudi government had terminated the rights of its joint venture with Saudi Binladin Group to develop the $30 billion Jazan Economic City in Saudi Arabia.
Changing trading patterns and pressure to improve profit margins will boost the Gulf's use of the Chinese yuan in coming years, the head of banking giant HSBC's China operations said on Monday.
United Arab Emirates-based Islamic lender Ajman Bank has hired Mohammad Zaqout as its new chief executive following the resignation of its acting CEO.
