Business

UAE ruler issues decree to start value-added taxes in 2018

UAE ruler issues decree to start value-added taxes in 2018

The ruler of the United Arab Emirates has issued a decree that sets the stage for value-added taxes to start…
Oil markets roiled as Hurricane Harvey hits US petroleum industry

Oil markets roiled as Hurricane Harvey hits US petroleum industry

Oil markets were roiled on Monday after Hurricane Harvey wreaked havoc along the US Gulf coast over the weekend, crippling…
US dollar records LE 17.69 for purchases Sunday

US dollar records LE 17.69 for purchases Sunday

The US dollar exchange rates maintained its price within the banking sector’s dealings on Sunday. According to the last price…
Hurricane Harvey closes key oil, gas operations in Texas

Hurricane Harvey closes key oil, gas operations in Texas

Key oil and gas facilities along the Texas Gulf Coast have temporarily shut down as Harvey pounds the region with…
Egypt signs 3 contracts for oil and gas exploration worth $79 million

Egypt signs 3 contracts for oil and gas exploration worth $79 million

Minister of Petroleum and Mineral Resources, Tariq Al-Mulla, signed three new agreements for oil and gas exploration in the Western…
US dollar exchange rate declines

US dollar exchange rate declines

Banks operating in the Egyptian market ended their weekly trade, recording a decline in the dollar exchange rate compared to…
US dollar records stable rates Thursday

US dollar records stable rates Thursday

The US dollar maintained prices in exchange for the Egyptian Pound in the banking sector on Thursday. According to the…
Egypt Central Bank, no intention to pass digital currency trading legislation

Egypt Central Bank, no intention to pass digital currency trading legislation

Egypt’s central bank said it has no intention of issuing legislation or passing a special law that allows the trading…
Whole Foods shareholders to get their say on Amazon deal

Whole Foods shareholders to get their say on Amazon deal

Whole Foods shareholders will vote on whether to bless a union with Amazon that the organic grocery chain’s CEO called…
McDonald’s to close 169 outlets in India in franchise battle

McDonald’s to close 169 outlets in India in franchise battle

McDonald’s India has announced it will close nearly 170 McDonald’s outlets in northern and eastern India after the American fast…
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