The tax is part of the first phase of income tax reforms in the country expected to bring in 10 billion Egyptian pounds.
The Saudi businessman and his Kingdom Holding Company invested $250 million for a combined stake of 2.5 per cent in the Chinese online retailer.
Revenues rise 47 per cent on back of Etihad Airways’ global connectivity, growing codeshare partners and introduction of three Airbus aircraft
Spot gold fell to $1,251.50 an ounce – its lowest since Feb. 4.
The Gulf states have pledged billions of dollars worth of aid to Egypt since former President Mohamed Mursi’s ouster last year.
The deal is seen as Apple’s effort to jump-start an uneven attempt to make headway in music streaming.
The deadly new virus has killed 186 people in Saudi Arabia.
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.
Scottish passengers and companies now have better access to Asian and Australasian markets
The Dubai carrier will also deploy larger Boeing 777 aircraft to Delhi and Hyderabad
The three-year contract has the potential to supply up to around two billion cubic meters over its term.
Former army chief Abdel Fattah al-Sisi faces only one rival – leftist Hamdeen Sabahi.
Cyber attackers have reportedly locked Australian users’ smartphones and demanded payment in return for unlocking them.
Brand was already more important than star rating up to a decade ago, according to Starwood’s president and CEO.
Data on Wednesday showed factory output fell 3.9 per cent in April from a year earlier, the 13th monthly drop in a row.
The global recession in 2008 forced many families in harder-hit nations to cut back spending on healthier food, it found.
Google aims to build up to 200 such cars in the near term.
The figure is far short of the one billion expected.
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.
Founder-owned fashion firm Cavalli has for some time been looking for a partner or a buyer to bring in new funds.
If previous ‘one offs’ are an indicator, it may not be long before Austrian travellers fly on the airline’s A380s regularly.
Narendra Modi was sworn in as India’s prime minister on Monday.
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.
Apple’s next generation smartphone is anticipated to have a bigger screen and a better processor.
The US carrier will be dropping Doha from its triangular Washington-Doha-Dubai service from August 30.
Bangalore is also emerging as a property investment hotspot for Indian residents in the UAE, finds new survey.
The silos project is part of the UAE’s $4.9 billion aid package announced in October.