Chairman of the Kingdom Holding Company (KHC), Saudi Prince Al-Walid Bin Talal pledged to support the Lebanese economy during the coming years and said that his total investments in Lebanon will amount to $1.5 billion.
The Australian Reserve Bank does not believe the European crisis will disrupt Australia's resources boom and is focusing on next month's inflation figures as the trigger for interest rate increases.
Israel should open all seven of its crossings to Gaza, Palestinian President Mahmoud Abbas said, as Israel announced it was considering ways to ease its blockade of the coastal strip.