Economics and Policy Lebanon's caretaker Finance Minister Mohammad Safadi has warned that growth was unlikely to exceed 1.5 percent in 2013 – and it could flatline next year. More from The Daily Star China is moving further into Iraq, increasing its investments in the country's oil. More from Reuters Oman plans to launch construction of the first part of a $15 billion rail network in the fourth quarter of 2014. More from Reuters Companies and Business The Christie’s auction in Dubai has recorded the highest price ever price paid for a painting by a female artist from the region, when Fahr El Nissa Zeid’s ‘Break of the Atom and Vegetal Life’ sold for $2,741,000. More from Arabian Business The Jumeirah Group, a luxury hotel chain and a member of Dubai Holding, announced today that it has raised a $1.4 billion unsecured syndicated loan for further expansion.
