Economics and Policy Kuwait’s government plans to form a special committee to review subsidies on goods and services which are costing the Gulf Arab state more than $15.9 billion a…
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Executives from the world’s leading development financial institutions flew into town to witness the signing by the Beirut based private equity firm, the EuroMena Funds, of the first national corporate…
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Economics and Policy Standard & Poor’s downgrade of three leading Lebanese banks is unlikely to have an impact on the prices of bonds or interest rates. More from The Daily…
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Economics and Policy Iraqi Kurdistan has finalised a comprehensive package of deals with Turkey to build multi-billion dollar oil and gas pipelines to ship the autonomous region's rich hydrocarbon reserves…
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Economics and Policy The severely weakened Syrian pound has surged against the dollar in recent days, with experts pointing to central bank intervention and developments favorable to the regime. More…
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Economics and Policy Egypt returned a $500 million deposit to Qatar at the start of November after Qatar refused to renew it upon its maturity. More from Reuters The…
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Economics and Policy Intent on supplying his government with arms, oil and food, Syrian President Bashar Assad has turned to Russian banks to access world markets, and the lenders could…
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Economics and Policy Lebanon's caretaker Finance Minister Mohammad Safadi has warned that growth was unlikely to exceed 1.5 percent in 2013 – and it could flatline next year. More from…
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Economics and Policy The London-based Institute of International Finance has revised downward its projection for Lebanon’s 2013 GDP growth from 1.1 percent to 0.7 percent, a further indication that many…
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Economics and Policy Lebanese caretaker Energy Minister Gebran Bassil said new estimates for nearly half of Lebanese waters suggested the country’s reserves of natural gas and oil might be larger…