The World Bank revised Lebanon’s real GDP growth for last year downward from 2.8 percent to 1.7 percent. More from The Daily Star The United Arab Emirates sees no need to cut oil production, the UAE’s oil minister has said, after Gulf OPEC ally Saudi Arabia slashed output in late 2012. More from Reuters The share of renewables in the global energy mix has increased over the past decade to more than 15 percent but doubts remain over whether a 2030 target of 30 percent is achievable, delegates to an international conference said Wednesday. More from AFP President Mahmoud Ahmadinejad said Wednesday that Iran must move away from dependence on oil revenue to overcome Western sanctions that have slowed the economy and disrupted foreign trade. More from Associated Press Companies Intercontinental Hotels Group has said Saudi Arabia and the UAE are two markets representing the largest
