Hezbollah's involvement in regional conflicts poses a threat to the security of Lebanon and is a destabilising influence in the Middle East, US Secretary of State Rex Tillerson said on Thursday.
Rex Tillerson, who was speaking during a visit to Jordan to sign a five-year $6.4bn aid package that extends US support to a key Arab ally, said President Donald Trump would decide when to announce the peace plan.
Iranian President Hassan Rouhani said on Sunday that Middle Eastern countries should solve their problems together without relying on external powers.
US President Donald Trump said he will speak with President Tayyip Erdogan of Turkey later on Friday to discuss peace efforts in the Middle East, as the region grapples with multiple conflicts.
Iran said on Friday that "biased" French policy was stoking crises in the Middle East after Foreign Minister Jean-Yves Le Drian accused it of "hegemonic" ambitions in the region.
Oil demand growth in the Middle East is expected to rise by 0.1mn bpd in 2018, same as that of this year, Opec has said in a new report.
Hong Kong's Kingboard Chemical Holdings said it had sold the stake to Qatar Airways for HK$5.16bn ($661mn), making the Middle Eastern carrier the third-largest shareholder in Cathay.
The region, led by the GCC, will maintain average compound annual growth rate of 5%, the International Air Transport Association said in its 20-year ‘Air Passenger Forecast’ released on Tuesday.
Remittances declined by a record 10% to $556.6mn, compared with $618.3mn in August last year, the central bank said in a report.
Iran's growth is forecast to slide to 3.5% this year down from a strong 12.5% in 2016. Iraq's economy, which experienced healthy 11% growth in 2016, is expected to fall into negative territory and shrink by 0.4% this year.