Egyptian officials arrested on charges of bribery

CAIRO (Reuters) - Four Egyptian officials including the chairman of the state Food Industries Holding Company (FIHC) have been arrested on suspicion of taking bribes from commodities trading firms, state news agency MENA reported on Tuesday. The others are a supply ministry adviser responsible for coordination with parliament, a supply ministry

Iran not impressed by EU efforts to save deal

By Middle East Affairs European efforts not enough to save deal after U.S.'s departure says Iranian Foreign Minister Javad Zarif, who spent two days in meetings with visiting EU Energy Commissioner Miguel Arias Canete in Tehran. “The cascade of decisions by EU companies to end their activities in Iran makes things much more

EU proposes direct transfers to Iran after U.S.’s new sanctions

By Reuters BRUSSELS (Reuters) - The European Commission is proposing that EU governments make direct money transfers to Iran's central bank to avoid U.S. penalties, an EU official said, in what would be the most forthright challenge to Washington's newly reimposed sanctions. The step, which would seek to bypass the U.S. financial