The tax will apply for three years, Egyptian state media reported.
Gulf travellers are among the most lucrative and high-yield tourists due to their lavish spending habits, industry experts.
A large part of the investment to increase output will need to come from the Middle East as a rise in non-OPEC production such as U.S. shale oil starts to lose steam in the mid-2020s.
EFG Hermes is one of the biggest investment banks in the Middle East.
An official said that the bond issue would mainly be aimed at Gulf Arab investors.
Assad’s foes have ridiculed the election, saying no credible poll could be held in the midst of a conflict that has killed 160,000 people.
E-commerce is booming but limited number of players in the industry and logistical challenges are hindering the sector’s growth.
The monarch said any country that did not contribute to Egypt’s future despite having the ability to do so would “have no future place among us”.
Middle East carriers saw an 18.6 per cent increase in passenger demand in April, which is the strongest growth for any region.
The deals were awarded by a consortium consisting of UAE contractors Arabtec, CCC and Drake & Scull Construction.
The fund will acquire existing real estate assets, with a focus on the logistics, social infrastructure and community retail sectors.
Bassem Youssef’s show was alleged to have made fun of the recently concluded presidential elections in Egypt.
The expected amount to be collected from this tax will range between 3.5 billion pounds and 4.5 billion pounds, Egypt’s finance minister said.
Energy prices in Egypt are among the lowest in the world, and the government spends more than a fifth of its budget keeping them down.
The UAE is one of the main supporters of the government in Egypt and has showered it with aid since its military ousted elected Islamist president Mohammed Mursi last year.
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.