MIDEAST STOCKS-Egypt drops after corruption case; Gulf rises on oil | Reuters:
"Egypt's stock market fell sharply
on Tuesday after the country's agriculture minister was arrested
on suspicion of corruption, while Gulf bourses rose, supported
by firmer oil prices and positive news.
The Cairo index dropped 3.4 percent in a broad
sell-off on strong volume.
Agriculture Minister Salah El Din Mahmoud Helal resigned on
Monday and was arrested shortly after leaving the cabinet
building. The prosecutor general's office said it was
investigating ministry officials including Helal on suspicion of
taking bribes in exchange for granting land licences."
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