Economics Brent crude rose above $108 a barrel on Friday on a brighter outlook for China's economy, the world's second largest oil consumer, but worries about the impact of a possible US fiscal crisis capped price gains. More from Reuters Oman is interested in buying weapons systems from the United States in a deal worth $117m. More from Arabian Business The Iraqi committee charged with investigation the cancelled Russian arms deal has confirmed that the contract was rife with corruption. However, it will not announce its findings “as it still lacks evidence that is not yet available.” More from Al-Monitor Spanish police say they have seized some €28 million ($36.5 million) of assets linked to deposed Egyptian President Hosni Mubarak. More from Associated Press The prospects of a lucrative shopping season in Lebanon are better than last year’s poor holiday period, but some businesses have taken
