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The region’s Information and Communication Technolgy (ICT ) leaders voiced optimism Thursday about the future of the sector .
ICT experts: Time to focus on social policies
The region’s Information and Communication Technolgy (ICT ) leaders voiced optimism Thursday about the future of the sector but noted that gains from foreign direct investment in the industry have failed to translate into sound social policies.
France Telecom sells Orange Austria to HK group
France Telecom and an investment partner have sold mobile operator Orange Austria to Hong Kong-based Hutchison for ($1.7 billion) .

Facebook stocks up for Google fight
As Facebook and Google jockey for dominance of the Web, the social networking titan's $5 billion stock offering will give it a hefty warchest for the ongoing fight.

Electrolux profits plunge in 2011, weak demand forecast
Electrolux, a leading global maker of household appliances, posted Thursday a 48-percent plunge in net profit in 2011...
  Lebanon  
  Francois Bassil: Lebanon may suffer Greece’s fate
  Accounts court to submit final report on gasoil scandal
  Gasoline prices rise for 7th week in a row
  Business outlook uncertain in 2012
  Lebanon’s 3 largest banks flourish despite economic hurdles, turmoil
  Lebanon’s economy plaguedby problems, says U.N. report
  Lebanese middle class diminishing in size
  Lebanon needs a public debt strategy
  Cabinet to vote on plan to renew mobile contracts
  Ministers set to debate Bassil’s electricity plan
  World  
  Former UniCredit boss charged with tax fraud
  Germany's Merkel holds talks with China's president
  PetroChina buys stake in Canada shale gas project
  Westpac to cut 550 jobs in Australia
  Japan's Panasonic set for record $9bn loss: reports
  Bloomberg executive named to head Dow Jones
  Russia's Gazprom says gas exports to Europe up
  China's Youngman bids for bankrupt Saab: report
  Luxury goods giant LVMH says posts 'vintage' year
  Egypt asks World Bank for $1 bn loan for economy
  NYSE Euronext, Deutsche Boerse cancel merger deal
  Amazon launches online shopping site for India
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