Economics and Policy
Saudi Arabia officially notified the United Nations on Tuesday of its decision to reject a seat on the U.N. Security Council, which U.N. diplomats said clears the way for the likely election of Jordan as a replacement.
The Arab world’s energy exporting states are not saving enough of their oil windfall and as a group may start running a fiscal deficit in 2016 if current policies do not change, the International Monetary Fund has said.
The International Monetary Fund remains ready to provide aid to Egypt when Cairo requests it.
Companies and Business
Lebanon's Rafik Hariri International Airport registered 6 percent growth in the number of passengers this year through the end of October, a government body has announced.
Oman Chlorine is setting up a $70m chlorine-alkali plant in Abu Dhabi to cater to the oil and gas sector in the Gulf.
India's competition regulator has approved Etihad's $325 million deal to buy a 24 percent stake in Jet Airways.
