What You Need to Know About the Middle East, Oct. 20

The transcript discusses Saudi Arabia's payments to builders amid economic challenges, OPEC's proposed output cuts and the varied responses from different countries, the UAE's initiative to set up a federal tax body in preparation for VAT implementation, and Malaysian Airlines' plan to use A380 superjumbos for Hajj pilgrimages to ensure steady revenue.

What percentage of outstanding debt will be paid to major builders before the end of the year?

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What factors led Saudi Arabia to delay payments to contractors last year?

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Which countries have expressed their stance on OPEC's proposed output cuts?

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What is the UAE planning to implement by 2018 to diversify its revenue base?

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What type of operation does Malaysian Airlines believe offers guaranteed revenues?

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