With the GCC’s electronics industry witnessing extraordinary growth, competition and challenges loom large, according to retailer Emax.
The tax is part of the first phase of income tax reforms in the country expected to bring in 10 billion Egyptian pounds.
The Gulf states have pledged billions of dollars worth of aid to Egypt since former President Mohamed Mursi’s ouster last year.
The former army chief captured 93.3 per cent of votes cast as counting nearly came to a close, judicial sources said.
Hikma has also entered into an exclusivity arrangement with Boehringer to potentially acquire all of the assets of the Ben Venue manufacturing facility in Bedford, Ohio.
Former army chief Abdel Fattah al-Sisi faces only one rival – leftist Hamdeen Sabahi.
Brand was already more important than star rating up to a decade ago, according to Starwood’s president and CEO.
Internet penetration will increase to 51 per cent from 32 per cent in 2012.
One of the patients is in critical condition and the other is currently receiving treatment, authorities said.
Acquisitions are expected to make up a smaller portion of revenue growth value for the current fiscal year, but companies are upbeat about M&A volume growth, according to EY.
Three years after the uprising against Hosni Mubarak, the vote is set to restore a pattern of rule by men from the military.
The silos project is part of the UAE’s $4.9 billion aid package announced in October.
Sisi’s sole competitor is Hamdeen Sabahi, a leftist politician who finished third in the 2012 election.
The UAE has welcomed Sisi’s rise and the army’s crackdown on the Muslim Brotherhood.
Regional telecom operators are grappling with new business models and growing competition. Enterprise provider SAP says it can help.
Gulf Business speaks to Raghu Malhotra, division president, Middle East and North Africa, MasterCard.
The comments were made at the 24th meeting of the GCC Ministerial Committee for Planning and Development in Kuwait.
The lack of progress in talks that ended last week in Vienna had raised doubts over a breakthrough by the July 20 deadline.
The six youngsters were detained for what police called their “obscene” behaviour, one of them said in an online posting.
Mubarak has been under house arrest at a military hospital since August.
Abdullah Elshamy, one of four reporters being held in Egypt, has been on hunger strike since Jan. 21 to protest against his detention.
Emir Sheikh Sabah al-Ahmed al-Sabah will visit Iran on May 31-June 1 at the invitation of Iranian President Hassan Rouhani.
Heavily armed gunmen stormed Libya’s parliament on Sunday demanding its suspension.
Security forces have detained thousands of Brotherhood supporters since the military deposed president Mohamed Mursi last July.
Total value of building construction expected to reach $128.5 billion, with the medical sector getting the biggest market share.
KIPCO, OSN’s parent company, had indicated that an IPO was expected to happen this year.
Narendra Modi’s BJP party won the 2014 Indian elections with a landslide majority.
Poor financial reporting and an absence of credit bureaus are hindering SME lending.
Natixis currently has around 40 staff in Dubai, as well as a small representative office in Egypt.
The UAE and other Gulf states promised more than $12 billion in loans and donations to support the Egyptian economy after Mursi’s removal.