Lebanon president says Saudi holds Hariri, calls it aggression
Middle East

Lebanon president says Saudi holds Hariri, calls it aggression

Lebanese President Michel Aoun said on Wednesday that Saudi Arabia had detained Prime Minister Saad al-Hariri, the first time he…
Collapsed state housing in Iranian quake shows corruption: Rouhani
Middle East

Collapsed state housing in Iranian quake shows corruption: Rouhani

The ease with which some state-built homes collapsed in Sunday’s earthquake in western Iran showed corrupt practices when they were…
Hilton Worldwide plans Egypt expansion, sees pick-up in tourism
Egypt

Hilton Worldwide plans Egypt expansion, sees pick-up in tourism

Hilton Worldwide (HLT.N) aims to increase the number of hotel rooms it manages in Egypt by 40 percent by the…
Syrian Kurdish party backs longer US role in Syria
Middle East

Syrian Kurdish party backs longer US role in Syria

The main Syrian Kurdish political party, the PYD, said on Wednesday the US-led coalition against Islamic State should continue to…
Egypt’s central bank seen holding off cutting rates because of still-high inflation: Reuters poll
Economy

Egypt’s central bank seen holding off cutting rates because of still-high inflation: Reuters poll

With Egypt’s inflation still above 30 percent, the central bank is expected keep its key interest rates on hold in…
Egypt’s CIB to boost Tier 2 debt as it looks to African growth
Economy

Egypt’s CIB to boost Tier 2 debt as it looks to African growth

Egypt’s Commercial International Bank (CIB) plans to boost Tier 2 capital through dollar-denominated subordinated loans as it seeks to diversify…
Egypt court ruling to reinstate ergot ban in wheat imports: lawyer
Economy

Egypt court ruling to reinstate ergot ban in wheat imports: lawyer

An Egyptian court on Tuesday effectively reinstated a ban on wheat imports containing even trace levels of the common grain…
EgyptAir signs $1.1 billion deal for 12 Bombardier CSeries jets
Egypt

EgyptAir signs $1.1 billion deal for 12 Bombardier CSeries jets

State-owned EgyptAir signed an initial order for 12 Bombardier Inc CSeries jets on Tuesday, marking the Canadian planemaker’s second deal…
Turkey ‘appalled’ by US stance on IS withdrawal from Raqqa: ministry
Middle East

Turkey ‘appalled’ by US stance on IS withdrawal from Raqqa: ministry

Turkey on Tuesday said it was appalled by the approach of the US Department of Defense towards an agreement between…
Oil seen as real prize of Iran’s Kurdish adventure
Middle East

Oil seen as real prize of Iran’s Kurdish adventure

After helping Iraq stifle a Kurdish push for independence, Iran is now positioning itself to take control of oil exports…
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