Beirut blast unlikely to trigger stock sell-off
A twin suicide bombing that hit the Iranian Embassy in the capital this week dragged the Beirut Stock Exchange lower but won’t trigger a major sell-off since long-term investors have already taken into account the deteriorating security situation, analysts told The Daily Star Thursday.
Businessmen lament lack of Saudi farm hands
Members of the Council of Saudi Chambers (CSC) have urged the Minister of Labor Adel Fakeih to scrap the 6% Saudization quota for the farming sector because of the lack of Saudi laborers.
Qatar Shell signs deals with three local firms
In association with Qatar Development Bank (QDB) to help bolster Qatar's private sector, Qatar Shell yesterday signed an agreement to add three more local companies to its supply chain for Qatar Shell and their partner Qatar Petroleum at the Pearl Gas to Liquids (GTL) plant.