Economics and policy
Lebanon’s government and public sector unions may be moving closer towards a deal to end the two-week long strike in the country.
Brent crude dropped more than $1 to below $109 a barrel on Monday in its steepest fall in nearly three weeks as the dollar strengthened after an unusual bailout proposal for Cyprus threatened to trigger fresh turmoil in the euro zone.
Egypt and the International Monetary Fund made very good progress in talks on Sunday, an IMF official said, after meeting with government officials seeking a $4.8bn IMF loan to help relieve a currency and budget crisis.
The leaders of Yemen's political, tribal and religious groups are set to begin six months of talks today aiming at healing a divided country and ensuring the survival of the republic's institutions.
Business and companies
Lebanese bank employees kick-started protests over the weekend with a sit-in in Tripoli to demand the renewal of an expired collective labor agreement that for decades had governed work relations in Lebanon’s vital banking sector.
Libya has halted a tender to manage the country’s monopoly telecoms operator, the chief executive of United Arab Emirates’ Etisalat said on Sunday.
Qatar’s spending on the 2022 World Cup will go up to $115bn between now and 2022, according to a new study by Standard Chartered.
Saudi Arabia is facing a housing crisis and requires 350 million square meters of new accommodation to meet its burgeoning demand, an economic forum in Jeddah has been told.
The National Bank of Abu Dhabi (NBAD) has retained its title as the safest bank in the Middle East, according to Global Finance magazine.