Home The BuzzBusiness briefing: 3 July 2013

Business briefing: 3 July 2013

by Executive Staff

Economics and Policy

Egypt's Mohammed Morsi has insisted he remains the country's legitimate president, as mass protests claimed more lives in the capital, Cairo.

More from the BBC

 

The Lebanese economy contracted between 0.5 and 1 percent in the first half of the year, a senior economist at the Institute of International Finance has said.

More from The Daily Star

 

Two lawmakers in Kuwait have defended any military dealings between Israel and the Gulf state, with one claiming that he will “love the Israelis” if they can aid in providing greater security for his country.

 

Companies and Business

Qatar's former prime minister, Sheikh Hamad bin Jassim al-Thani, has been replaced as deputy head of the country's powerful sovereign wealth fund in a restructuring move ordered by the country's new emir, the state news agency reported.

More from Reuters

 

Abu Dhabi International Airport’s new AED11.7bn ($3.2bn) midfield terminal complex will become operational in the third quarter of 2017.

More from Arabian Business

 

The government contracts of Lebanese telecommunication giants Touch and MTC have been extended by three months.

More from The Daily Star

 

Lebanon's renowned Baalbek International Festival, normally held in the town's spectacular Roman ruins, will move to a venue near Beirut amid security fears linked to the Syrian conflict.

More from AFP

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