Home The Buzz Morning briefing: 9 May 2013

Morning briefing: 9 May 2013

by Executive Staff

Economics and Policy

MP Mohammed Qabbani, the head of Lebanon's parliamentary committee on energy, has accused caretaker energy minister Gebran Bassil over the stoppage of the Fatmagül electricity barge.

More from The Daily Star

 

Kuwaiti politicians and media fumed Wednesday over $2.2 billion paid to U.S. giant Dow Chemical as a penalty for the Gulf emirate scrapping a joint venture, and called for those responsible to be held to account.

More from AFP

 

Qatar and Egypt agreed on a “gas swap” deal for the supply of liquefied natural gas to help the North African country meet soaring power demand in the summer months, an Oil Ministry official said.

More from Bloomberg

Sanctions in Iran are boosting the property market, but fears of a bubble are growing.
 
 
 
Companies and Business

Majid Al Futtaim Properties LLC, owner of the Dubai mall with an indoor ski slope, plans to build a hotel in Beirut and another in Dubai to tap demand from visitors to its shopping centers.

More from Bloomberg

 

Dubai Group, an investment vehicle owned by the emirate's ruler, aims to secure a final agreement with creditors on its $10bn debt restructuring by June 6, potentially ending marathon negotiations that have dragged on nearly three years.

More from Reuters

 

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