Oil reached a 2016 high above $43 a barrel, supported by hopes that an upcoming meeting of oil producers will agree steps to tackle a supply glut.
Police in Pakistan arrested seven people and seized a huge amount of fake currency including US dollars and UAE dirhams during a raid on a factory in the eastern city of Lahore.
The chief executive of flydubai expects another difficult year for the low-cost carrier as tough economic conditions put pressure on yields.
