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Iraq potentially Turkey's biggest energy partner

Iraq's oil and natural gas reserves hold great importance for Turkey, a country which is highly dependent on imports for energy consumption. Iraq has been struggling to stabilize politically since the US invaded in 2003 and removed the Baathist regime of Saddam...

Syria rebels kidnap ex-presidential hopeful

Syrian rebels from the southern province of Daraa have kidnapped a presidential hopeful whose bid was turned down by the constitutional court, according to an online video distributed Tuesday. The video shows three armed, bearded rebels wearing fatigues in a room with Mohammad...

Egypt's SODIC posts 2013 net loss of $64 million

Egyptian property developer SODIC swung to a net loss of 447.1 million Egyptian pounds ($64 million) last year, due to one-off items including a write-down on its investments in Syria, managing director Ahmed Badrawi told Reuters on Tuesday. The company had made a net profit of 257...