Economics and Policy
Mohammed Morsi has been dramatically ousted, after a year as president of Egypt.
Iranian president-elect Hassan Rouhani has called for the government and powerful clergy to end interference in the private lives of the Iranian people, free up internet access and for state media to be more open about Iran's problems.
France has urged Lebanon to sign a tax information exchange treaty to avoid placing the country in the noncooperative countries or “tax-havens states.
Companies and Business
The new head of Qatar's sovereign wealth fund, Ahmad al-Sayed, is known and feared as a hard, aggressive negotiator – and his appointment signals the fund's ambitious overseas acquisition plans are likely to continue.
Middle East airline carriers recorded the strongest year-on-year traffic growth in May at 11.7 per cent, far outstripping the global average traffic surge of 5.6 per cent, statistics show.
The Wooden Bakery, one of Lebanon's fastest growing food companies, is planning to continue its international expansion.
Al Rajhi Bank, Saudi Arabia's largest listed lender, said it would distribute dividends worth SR2.25bn ($599.9m) for the first six months of 2013.
