Tourism sector halts applying VAT for a year
The tourism sector has obtained a verbal approval from the Ministry of Finance to postpone subjecting it to the…
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Nubians halts protest, giving state chance to respond to demands
Prime Minister Sherif Ismail met with 13 representatives from the Nubian protesters on Wednesday evening, in which…
Sugar: one more problem for Egyptians
Since the end of September, Egypt has been facing a remarkable shortage in sugar, pushing the commodity’s price…
Germania airline resumes flights to Sharm El Sheikh
German airline Germania operates its first flight to Sharm El Sheikh today after a year of halting flights to…
Railway system needs one year to show signs of improvement: Egypt’s minister
Egypt's Minister of Transportation Galal Said said Wednesday that Egypt's railway system would take a year to show…
Petrobel hikes gas production to 1bn ft3/d in FY2015-16
Egyptian Balaeim Petroleum Co- Petrobel has succeeded to produce more than one billion cubic feet of gas per day…
Kiwi hits 1-year high after RBNZ rate cut falls short of expectations
The New Zealand dollar surged to its highest level in more than a year on Thursday after the Reserve Bank of New…
Multiple casualties, one dead from active shooting downtown Austin, Texas
At least one person killed and three more injured after an unknown assailant opened fire in Austin, Texas. A woman…
Two car bombs explode near Yemeni city of Mukalla
A car bomb exploded on Monday at a checkpoint in Yemen's Hadramout province, near the Arabian Sea port city of…
TUI finalizes $1.4 billion order for Boeing planes
European travel group TUI AG (TUIT.L) has finalised an order with U.S. planemaker Boeing (BA.N) to buy 10 737 MAX 8…
