Moody's said that the latest measures taken by Gulf Cooperation Council states, which urged their nationals to refrain from traveling to Lebanon, will not have a direct impact on the country's financial situation.

The credit rating company said that the proportion of visitors coming from the GCC countries has already fallen since 2011 for security reasons.

Arab parties in Israel's parliament have condemned the recent designation of Hizbullah as a terrorist organization by several Gulf Arab states.

Two parties from the Joint List, an alliance of Arab-backed parties, on Monday criticized the move by the Saudi-led Gulf Cooperation Council.

The dead body of an Islamic State militant was found in the al-Ajram area in the outskirts of the northeastern town of Arsal, the state-run National News Agency reported on Monday.

Hussam Trad, aka Abou Bakr al-Qari, was found sustaining a gunshot wound to his head, NNA added.

A small remote controlled aircraft fell on Monday near one of the army's checkpoints, that extend in several areas around the refugee camp of Ain el-Hilweh, in Sidon triggering concerns that the military is being monitored from the skies, As Safir daily said on Monday.

Reports said that the drone is an intelligent flying camera usually used to take visuals in weddings, and was flying over the camp and one of the army's checkpoints.

Lebanon's Middle East Airlines denied on Saturday reports alleging that an electric malfunction hit a plane's electronic equipment en route from Turkey to Lebanon, and assured that its planes are equipped to handle thunderbolts.

“A company's aircraft had suffered a lightning strike due to bad weather conditions over the northern region of Turkey. Planes usually face such conditions. It is our duty to make clear that all our planes are equipped to protect against thunderbolts,” MEA said in a statement.

Palestinian factions in Tripoli's refugee camp of al-Beddawi held a sit-in on Saturday protesting the UNRWA's continued reduction in medical and educational services that it supplies to the refugees due to lack of funds, the state-run National News Agency reported.

Palestinian Resistance factions, the popular committees and members of the civil society in al-Beddawi camp in the northern city of Tripoli held a sit-in in the presence of members of the Central Crisis Cell and the camp's officials, NNA added.

The French weapons that were supposed to be given to the Lebanese army as part of a Saudi grant will be delivered to Saudi Arabia after the donation was halted last month, the pan-Arab daily Asharq al-Awsat quoted sources on Saturday.

French diplomatic sources following up closely on the Lebanese file and the Saudi decision that halted a $4 billion grant to the Lebanese army and security forces told the daily that they “understand” Riyadh's position in light of the “fabrications of Hizbullah” and believe that the “Lebanese government’s official decision is confiscated by the party.”

Prime Minister Tammam Salam has tasked Agriculture Minister Mohammed al-Mashnouq instead of Foreign Minister Jebran Bassil to represent him at the Extraordinary Islamic Summit on Palestine end of this week, al-Joumhouria daily reported on Saturday.

“The invitation has been addressed to Salam and he is free to assign any of the ministers,” sources at the Grand Serail told the daily.

Interior Minister Nouhad al-Mashnouq stressed that his stance regarding Hizbullah at the Arab Interior Ministers Conference was coordinated with Prime Minister Tammam Salam and that it was different from the controversial stance of Foreign Minister Jebran Bassil, al-Mustaqbal daily reported on Thursday.

“There is absolutely no resemblance between the two stances. I have not stood in the face of the Arab consensus and Lebanon's position was not the only one, but it followed the reservations expressed by Iraq and Algeria,” Mashnouq told the daily.

Israel has begun delivering its new mid-range missile defense system to air bases to defend itself against possible attacks from Hizbullah.

The Defense Ministry said Tuesday the David's Sling system "will allow Israel to more effectively defend against the wide range of current and future threats to its civilians." The delivery process will take a few weeks.