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September, 27, 2016

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Business > Middle East
Qatar's international airport said Monday it is to charge passengers an exit tax as the energy-reliant emirate adjusts to falling oil prices.
 
Lebanese cigarettes see high demand from Syrians
Syria's conflict has caused hundreds of thousands of refugees to flee to Lebanon, putting a huge strain on the Lebanese economy and its already-crumbling infrastructure.
 
Egypt opens ethynyl plant
A handout picture released on Saturday, Aug. 13, by the Egyptian presidency shows a view of an ethynyl plant on the day of its inauguration in the coastal city of Alexandria.
 
The International Monetary Fund (IMF) has announced it will release the last installment of a US$6.6 billion economic bailout package to Pakistan, as Prime Minister Nawaz Sharif hailed an end to the country's reliance on the lender.
 
Lebanese endeavor gives new life to heritage
His voice is frail and his movements uncertain. Having motor disabilities since childhood, Michel Halajian struggles to move and to articulate. But with his hands, this 41-year-old Lebanese produces unique works.
 
Kuwait has set a minimum wage for its hundreds of thousands of mostly Asian domestic staff, the first country in the Gulf to do so, local media reported on Thursday.
 
A week before the one-year anniversary of the Iran nuclear deal, the Republican-led U.S. House of Representatives approved measures aimed at blocking U.S. companies from selling commercial passenger aircraft to Tehran.
 
A Baghdad bombing claimed by the Islamic State group killed 292 people, the health minister said Thursday, raising the toll of what was already one of the deadliest attacks in Iraq.
 
Kuwait to tap foreign debt markets to finance deficit
Kuwait said Sunday it plans to tap the international debt market through bond issues to finance its budget deficit after recording a first shortfall in 16 years.
 
A consortium led by U.S. firm Noble Energy has approved a US$265-million project to sink a new well in a major natural gas field off Israel, officials said Sunday.
 
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