Egypt’s Islamist leader vowed to carry out tough structural reforms to overhaul his country’s ailing economy and create a better environment for business and investment, participants in a meeting between corporate executives and the president said.

Libya’s government has threatened to base decisions on future oil deals on how nations react to the uprising seeking to oust Muammar Gaddafi.

Libya today threatened to withhold additional compensation promised to the families of those killed in the Lockerbie bombing unless the United States offered a prompt reward for Tripoli’s decision to abandon its secret weapons programmes.