Latest in Tag: Daily News Highlight
Latest in Tag: Daily News

Former US ambassador to Egypt advocates cross-border trade, private sector investment in MENA
US working with MENA governments to develop regional trade and investment, says Patterson

Egypt imports 295,000 tons of wheat with a price tag of $86.28m
Wheat stocks sufficient until 2 June; 60,000 tons imported from Romania, 235,000 tons from Russia

Spanish FM cuts short Iran trip over Ukraine crisis
Foreign Minister Jose Manuel Garcia-Margallo, who arrived in Tehran on Saturday for a planned four-day visit, is to attend an emergency meeting of EU foreign ministers on Monday.
Turkey’s Koc calls on Erdogan to address graft charges to lower tensions
Reuters – Mustafa Koc, chairman of Turkey’s biggest company Koc Holding, on Sunday called on the government to calm financial markets worried about a corruption inquiry and denied he has sought to undermine Prime Minister Tayyip Erdogan. In a rare interview, Koc also told Hurriyet newspaper that in May 2013 he met with Fethullah Gulen, …

Israel PM vows to resist ‘pressures’ on US visit
Although Netanyahu would like the talks with Obama on Monday to focus on Iran’s nuclear ambitions, the White House appears to have a different agenda.

Six members of security forces killed in Iraq
Sunday’s violence mostly targeting security forces in Sunni-majority areas killed six people, security and medical officials said.

Ukraine mobilises army as west warns Russia
Russia’s parliament voted Saturday to allow President Vladimir Putin to send troops into its western neighbour – a decision US President Barack Obama swiftly branded a “violation of Ukrainian sovereignty”.
In Pictures: Ultras White Knights members dispersed after interior ministry bars fans from match
Ministry of Interior barred audience from match “to ensure the safety and protection of the masses”

Ultras White Knights members dispersed after interior ministry bars fans from match
Ministry of Interior barred audience from match “to ensure the safety and protection of the masses”

Thirst for democracy catches world powers off guard
From Egypt, where the nation’s first democratically-elected president Islamist leader Mohamed Morsi was toppled in July by the army, to Ukraine where Viktor Yanukovych, brought to power in 2010 polls, fled his post after months of street protests, the US has had to fine-tune its response.
Egyptian foreign ministry accuses US of ‘double standards’ on human rights
Foreign ministry reacts to annual US report on human rights

Total looking at building big petrochemical unit in Iraq
Total wants to boost its refinery and chemicals activities in the Middle East and Asia, where it sees better long-term prospects than in Europe, where competition is pressuring margins.

No need to panic over Ukraine economy: IMF’s Lagarde
The revolt led to Moscow canceling a much-needed $15bn loan to the country after only $3bn had been disbursed, leaving Kiev with little cash in its coffers and dwindling foreign exchange reserves.

Tunisia gets $1.2bn from World Bank
It is the biggest loan package Tunisia has received since the 2011 revolution that toppled autocratic president Zine El-Abidine Ben Ali.

Turkish lira firms on hopes US tapering continues only steadily
The Istanbul share index rose 1.25% to 62,553.32 points, outperforming the wider emerging markets index, which was up 0.39%.

Pro-Russian forces tighten grip on Crimea
The new government was dealt a new jolt when Russia’s energy giant Gazprom bluntly warned Kiev that it had accumulated a “huge” debt for unpaid natural gas that needed to be urgently paid.

Food security an ‘enormous challenge’ for MENA countries: FAO
UN Food and Agriculture Organization warns of demographic issues and vulnerabilities to price fluctuations, climate change, and conflict

Sochi week 3 recap: Last of the good, the bad, and the weird
The flame is finally out on the Sochi games, and the torch has been passed. Like the ceremonies, the competition was no small spectacle; three weeks and $52bn later, Russia managed to put on the most expensive Olympic Games in history, and was rewarded on the podium. In the end, the host nation’s home-stretch surge …

Ahly wins CAF Super Cup title as performance falters in domestic league
Amr Gamal scores twice to give Ahly their sixth CAF Super Cup title

MasterCard, Bank Audi, Alfa, Touch turn smartphones into virtual payment tools
The entities partner up to produce cutting-edge technology that allows consumers to conduct daily transactions from their smartphones

Digital government admin aimed at improving quality of services for the public: Communications minister
Helmy pointed out that the Egyptian government is invested in the process of shifting to a digital society through the use of IT tools.
Under US pressure, Iraq denies Iran arms deals
AFP – Iraq, facing heavy pressure from the United States, has denied signing deals for weapons and ammunition with Iran in apparent violation of international sanctions. The defence ministry said a variety of international firms had sought to supply Iraq with ammunition and night vision equipment, including one company from Iran. But contrary to media …

Hezbollah vows response to ‘Israeli air strike’
The Shi’a movement’s statement was the group’s first admission it had been targeted in the raid, although Lebanese sources had previously reported the attack.

Human Rights Watch calls for investigation into Taba bombing
The international human rights group issues a statement calling for a “speedy and effective” investigation
Jobless protesters torch police post in Tunisia
AFP – Jobless Tunisian protesters have torched a police post in the impoverished central region of Gafsa, where social discontent is rife over high unemployment despite the strategic importance of its phosphate mines. The demonstrators set fire to the building in the town of Metlaoui late on Tuesday and confronted policemen, an AFP journalist reported. …
Military helicopter to transfer bodies of slain Egyptian Copts on arrival from Libya
The Egyptians were killed for their religious identity, Christian religious figures say

Militants bomb Sinai pipeline
The attack is the fifth of its kind this year

Smart mobile film festival: Celebrating the art of mobile film making
An open call for participants to submit their one-minute videos has been announced
Attacks kill seven Iraq security personnel
AFP – Attacks in Iraq, including a suicide bombing near the Anbar provincial council headquarters, killed seven soldiers and police on Tuesday, officials said. In Ramadi, the capital of Anbar province, a suicide bomber detonated an explosives-rigged vehicle near the provincial council headquarters, killing three soldiers and wounding at least four. Anti-government fighters have occupied …

Turkey PM vows action against ‘fake’ leaked recordings
Erdogan has come under intense pressure since the corruption scandal erupted, throwing up the biggest challenge yet to his 11 years in power ahead of key local elections in March.