The start of building had been delayed after the government intervened to consider how the project would affect views of the Houses of Parliament and Big Ben.
The tax will apply for three years, Egyptian state media reported.
Forget Kuala Lumpar. When it comes to city breaks, Penang is Malaysia’s crown jewel.
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.
Twitter’s renewed interest in music-streaming companies comes after Apple Inc acquired Beats for $3 billion.
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.
The restaurant, located in San Francisco, is the first of 160 outlets planned across North America.
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.
The agreement with DIB was made official about two weeks ago, a senior official from the Indonesian bank has said.
E-commerce is booming but limited number of players in the industry and logistical challenges are hindering the sector’s growth.
The Dubai developer has joined hands with Germany-based real estate brokerage company Engel and Völkers (E&V).
Fouzi Khalid Abdullah al-Awda, 37, may have fought alongside al Qaeda and Taliban, according to a U.S. Defense Department prisoner profile.
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.
Five Afghan Taliban prisoners were freed in exchange for a US soldier.
One of the airline’s three daily services to be upgraded to A380s from September, complementing double-decker A380 flights into Munich
The cuts will mostly be in the fixed income, currencies and commodities (FICC) trading and markets businesses, according to sources.
The company did not provide details on the approved virtual currencies.
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.
Hyatt’s first hotel in Austria is located in a 100-year-old building on the Am Hof square
Daily services on A330-300 aircraft will be supported by Etihad Regional’s traffic growth
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.
Today’s inaugural flight marks Etihad’s fourth US destination and one of the longest flights globally
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.