Sunday´s League resolution issued "strong condemnation" of a November 4 missile attack by Huthi rebels in Yemen and targeting Riyadh, saying it was "blatant aggression against the kingdom and a threat to Arab national security".
Iran should relent provoking unrest in Bahrain and should adhere to the Good Neighbor policy, the statement read.
Riyadh's latest effort to ratchet up pressure against its Shiite rival comes after Houthi rebels in Yemen fired a ballistic missile at Saudi Arabia earlier in the month.
The Lebanese envoy to the Arab League, Antoine Azzam, made carefully weighed comments at the meeting that reflected his country's delicate religious and ethnic balance.
Unsurprisingly, any Saudi-penned proposals are likely to fall on deaf ears in Tehran, with the Iranian Foreign Minister Mohammad Javad Zarif accusing Saudi Arabia of "warmongering" and "sowing discord" during a different summit with Turkey and Russian Federation in Antalya.
In addition to the attempted missile strike, which was repelled by Riyadh's anti-missile defense system, the draft resolution notes the bombing of an oil pipeline in Bahrain as another example of Iranian efforts to undermine regional security. Arab foreign ministers gathered at Saudi Arabia's request for an extraordinary meeting to discuss alleged "violations" committed by Iran in the region, but the foreign ministers of Lebanon, Iraq and Syria were not in attendance.
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Jaitley reiterated the government's commitment to structural reforms and said fiscal prudence will be maintained. Moody's expects GDP growth to moderate to 6.7 per cent in the fiscal year ending in March 2018.
Iran "supplied the Houthi militias with all types of weapons ... which enabled them to overrun the country's capital and on their way detonate residences, schools, places of worship and public and private facilities", Abdul-Malik Al-Mekhlafi said.
Hariri is now in Paris, where he arrived on Saturday after spending 13 says in Saudi Arabia. "We want to hold countries where Hezbollah is a partner in government responsible, specifically Lebanon". Saudi Arabia called it an Iranian aggression against its territory.
"We say it in clear terms that Iranian threats have exceeded all boundaries and are pushing the region toward the abyss", said Aboul-Gheit.
Mr Aoun said he would not accept Mr Hariri's resignation until it is delivered in person amid calls for his speedy return.
"The Lebanese Republic, in spite of our relations with it as a brotherly Arab nation.is under the total control of this terrorist party", said Sheikh Khalid bin Ahmed Al-Khalifa, referring to the powerful Shiite movement.
The meeting was chaired by Djibouti's Foreign Minister and current chairman of the Arab Council of Foreign Ministers, Mahmoud Ali Yusuf, at the headquarters of the Arab League in Cairo and was attended by 15 ministers and six ministerial representatives.