Home The BuzzBusiness briefing: 12 Nov 2013

Business briefing: 12 Nov 2013

by Executive Staff

Economics and Policy

Shares in Twitter Inc have been found eligible for investment by Islamic funds, according to IdealRatings, a company that screens stocks to determine whether they meet Muslim principles.

More from Reuters

 

The International Monetary Fund will help Lebanon streamline its consumer price index calculation in a bid to obtain more accurate information about the fluctuation of prices.

More from The Daily Star

 

The Egyptian government will launch a new economic stimulus package by the end of the year, the finance minister said Monday, bringing forward spending plans that will help revive the economy but put even more strain on state coffers.

More from Reuters

 

A number of Lebanese companies and businesses in Tripoli have had to close recently due to high competition from illegal Syrian firms, according to the head of the Development Association of Tripoli and Mina.

More from The Daily Star

Iran's supreme leader Ayatollah Ali Khamenei controls a business empire worth around $95 billion – a sum exceeding the value of his oil-rich nation's current annual petroleum exports – a six-month Reuters investigation shows.

More from Reuters


 
Companies and Business
 
Standard Chartered Bank intends to sell its retail business in Lebanon and focus more on wholesale operations.
 
 

Budget carrier Air Arabia, United Arab Emirates’ only publicly listed carrier, has reported a nine per cent drop in third-quarter net profit, missing analyst forecasts.

More from Reuters

 

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