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  • ABU DHABI/ CAIRO, April 10- Two wheat cargoes purchased by top global wheat buyer Egypt are stuck at Russia's Novorossiisk port, after the trade house selling the grain had problems opening the importer's letters of credit, traders said.

  • Egypt arrests former Al-Jazeera freelance reporter Wednesday, 9 Apr 2014 | 11:02 AM ET

    CAIRO— Egyptian authorities arrested a journalist Wednesday who worked for the Al-Jazeera satellite news network and other Islamist media for allegedly inciting and taking part in violence, the country's official news agency reported.

  • US blacklists Egyptian extremist group Wednesday, 9 Apr 2014 | 10:43 AM ET

    WASHINGTON— The Obama administration is imposing sanctions on an Egypt- based group that has claimed responsibility for attacks against Egyptian officials, Israeli interests and foreign tourists in Cairo and the Sinai peninsula. The State Department said Wednesday it has designated Ansar Bayt al-Maqdis a "foreign terrorist organization."

  • Reuters World News Highlights at 0545 GMT, Apr 08 Tuesday, 8 Apr 2014 | 2:04 AM ET

    April 8- MUZAFFARNAGAR, India- India's main opposition party, tipped to form the next government, appears to be returning to its Hindu nationalist roots at the start of a five-week general election, raking up divisive issues and using strong language in an area hit by religious riots.

  • Libyan militia agrees to give up 4 oil terminals Monday, 7 Apr 2014 | 3:19 AM ET

    The seizure and the shutdown of the terminals has cost Libya billions of dollars and escalated a political crisis that has threatened to plunge the country into even greater turmoil, unseen since the 2011 civil war that ousted longtime strongman Moammar Gadhafi.

  • *UAE backs Egypt military as bulwark against Brotherhoood.

  • *Hossam Shabib sentenced to death along with 528 others. CAIRO, March 26- Hossam Shabib says he has always been a respectable Egyptian doctor who served his community and stayed out of trouble.

  • 10 TH OF RAMADAN CITY, Egypt, March 25- Egypt's next president is likely to face a far more complex problem than cracking down on Islamists- meeting the demands of workers desperate for decent jobs and wages.

  • CAIRO/ LONDON, March 21- Gilead Sciences, facing mounting criticism over the high price of its new hepatitis C pill Sovaldi, has offered to supply the medicine to Egypt at a 99 percent discount to the U.S. price.

  • NEW YORK, March 21- It only took a look at the financial statements of the world's largest maker of spirits to convince Larry Seruma that Africa was the place to go. While African alcohol consumption lagged Europe or the Americas, Diageo's rapid expansion on the continent was such that, by 2013, the region accounted for 13 percent of global revenue.

  • CAIRO/ DUBAI, March 20- After Egypt's new finance minister took office last month, one of his first acts was to downgrade the government's assessment of its finances. He was acknowledging what may become the biggest threat to Egypt's economic recovery after years of political turmoil: a rising public debt burden.

  • CAIRO, March 20- Egyptian Army chief Field Marshal Abdel Fattah al-Sisi may not look like a model democrat, but foreign and local businessmen believe he can deliver stability to open up investment opportunities in the most populous Arab nation.

  • AL-LAFITAAT, Egypt, March 16- Egypt's army says it is crushing Islamist militants in the Sinai Peninsula, but in the region's villages and towns a victory for the state feels a long way off.

  • AMMAN, March 12- Turmoil in Ukraine is driving Middle Eastern grain buyers to shy away from striking new deals there and to consider rival suppliers, a shift that is likely to push up import bills.

  • *$40 bln contract is one of largest in Middle East. DUBAI/ CAIRO, March 10- A $40 billion deal for Dubai firm Arabtec to build one million homes in Egypt may mark the start of politically-inspired Gulf investment in the country's creaking infrastructure, from housing to transport, power generation and agriculture.

  • MUMBAI, March 8- Malaysia Airlines, the operator of Flight MH370 that went missing en route from Kuala Lumpur to Beijing on Saturday, has established a record as one of the Asia-Pacific's best full-service carriers in terms of safety and service despite some recent financial problems.

  • MUMBAI, March 8- Malaysia Airlines, operator of Flight MH370 that went missing en route from Kuala Lumpur to Beijing on Saturday, has established a record as one of the Asia-Pacific's best full-service carriers in terms of safety and service despite some recent financial problems.

  • Egypt tries harder to stop energy firm exodus Thursday, 6 Mar 2014 | 9:22 AM ET

    LONDON, March 6- Egypt is enhancing exploration terms and striving to repay nearly $5 billion it owes to foreign oil and gas producers as it struggles to prevent them fleeing to more promising prospects elsewhere in Africa. But investors are hesitant- Egypt pays them barely enough to cover investment costs.

  • Gulf's rift over Qatar may slow investment, reforms Wednesday, 5 Mar 2014 | 11:35 AM ET

    *Qatar's wealth means it doesn't need GCC. DUBAI, March 5- A diplomatic split between Qatar and its wealthy Gulf neighbours may disrupt billions of dollars of investment in the region and slow efforts to make economies more efficient through trade and transport reforms.

  • Power struggle disrupts oil port in Libya's far east Wednesday, 5 Mar 2014 | 3:58 AM ET

    TOBRUK, Libya, March 5- If anyone understands the deep divisions over how to resolve the blockade of Libya's eastern Hariga oil port, it is the family of local mayor Faraj Yassin.

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