Economics and Policy Dubai’s index rallied from an eight-week low Thursday as bargain hunters returned, but this was not enough to stop the benchmark making its largest weekly decline since May. More from Reuters OPEC crude production slipped to a 16-month low in March as output in Nigeria dropped to the lowest level in over three years. More from Bloomberg Lebanon’s acting energy minister Gebran Bassil has announced that 52 firms from 25 countries have submitted applications for the pre-qualifying round for the country’s offshore oil and gas. More from Executive Power cuts in Egypt are due to a lack of funds to buy fuel for power stations, the oil ministry said on Thursday, another sign that a government funding crunch is disrupting the wider economy. More from Reuters Lebanon’s GDP growth could climb to 3 percent if an effective Cabinet is formed, the chairman of
