Economics and Policy Iran wants oil prices to stay above $100 a barrel, its oil minister said on Sunday after crude touched nine-month lows near $101 on Friday and ahead of OPEC's next meeting on May 31. More from Reuters Lebanon's public debt rose 8 percent to $58bn at the end of January from the same month a year earlier, according to data from the Association of Banks in Lebanon. More from Arabian Business Egypt expects its economy to grow by 2.5 percent in the fiscal year ending in June, its planning minister said in remarks run by state news agency MENA on Sunday, cutting the forecast for a second time this year. More from Reuters Elsewhere on Sunday, Cairo’s central bank held an exceptional foreign exchange auction for $600 million to cover strategic imports such as wheat, meat and cooking oil. More from The Daily
