Economics and policy
Brent futures slipped further below $109 a barrel on Thursday on a revival of concern over demand growth in top two oil consumers China and the United States, while a strengthening dollar added pressure on prices.
Bahrain's central bank expects economic growth of around 4 percent in 2013, little changed from last year, while inflationary pressures are currently not a concern, its Governor Rasheed al-Maraj said on Wednesday.
Lebanese civil servants are expected to spearhead the Union Coordination Committee protests, vowing to bring the already strike-crippled public sector to a complete halt ahead of a key Cabinet meeting scheduled for next week.
Thousands of South Asian labourers working on the expansion of Muscat airport resumed work on Wednesday after authorities agreed to improve safety conditions at the site, workers said.
US President Barack Obama has nominated a veteran US Middle East diplomat as ambassador to Libya, filling a post that has been vacant since Ambassador Christopher Stevens was killed in an attack in Benghazi in September.
Companies and business
Saudi Arabian miner Maaden has awarded an SAR1bn ($260m) contract to Azmeel Contracting & Construction Company to build a new housing project to accommodate its employees.
Greek energy company J&P Avax has been awarded the contract for building a gas-operated power plant in the Deir Ammar facility in Lebanon.
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