Economics Jordan aims to cut its budget deficit by about a third this year to curb the impact of soaring fuel import costs and high social spending linked to the wave of Arab uprisings. More from Arabian Business Iraq's monthly oil exports fell by 10 percent in December, highlighting the volatility that still characterizes the country's growing oil sector. More from Iraq OIl Report Egypt dipped deeper into its rapidly shrinking currency reserves Thursday, fighting to slow a sliding pound which is likely to push up inflation and risks reigniting popular unrest. More from Reuters Standard & Poor’s Ratings Services ranked Lebanon in the high-risk group eight in its latest Banking Industry Country Risk Assessment. More from The Daily Star Companies A Saudi-listed company has announced the acquisition of a 32.5 percent stake in an Indian car leasing firm. More from Arabian Business Dubai Islamic Bank
