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08 Jul 2014

QNB: Financial Results for the Six Months Ended 30 June 2014

QNB Group, one of the World’s Strongest Banks and the leading bank in the Middle East and North Africa, announced its results for the six months ended 30 June 2014.


For the six months of 2014, Net Profit was QR5.1 billion (USD1.4 billion), up by 7.0% compared"......

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08 Jul 2014

Braun and Sebastian Vettel start a new wave of shaving: with BRAUN WaterFlex

Today, Braun and quadruple Formula 1 champion Sebastian Vettel launch a new wave of shaving with Braun WaterFlex – Braun’s latest innovation fully designed and engineered to explore shaving with water, foam and gel, transforming an electric shave into a whole new sensorial experience.

...

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08 Jul 2014

Golden Pass Products Files Formal FERC Application

Golden Pass Products LLC announced today it has submitted a formal application with the Federal Energy Regulatory Commission (FERC) to construct and operate its proposed liquefied natural gas (LNG) project at the existing world-class Golden Pass LNG import facility in Sabine Pass, Texas."...

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08 Jul 2014

Deputy Commander-in-Chief of Abu Dhabi Police Meets Lebanese Ambassador

Major General Mohammed Khalfan Matar Al Rumaithi, Deputy Commander-in-Chief of Abu Dhabi Police, has met with HE Hassan Saad, the Ambassador of Lebanon to the UAE in his office on Tuesday.


During"...

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08 Jul 2014

MoI Ramadan Council Calls for Documenting Laws on Workers’ Rights

H.E Mohamed bin Huwaiden Al Ketbi, member of the Advisory Council of Sharjah, hosted a Ramadan Council at his residence in Al Dhaid. Participants at the council, organized by the Law Respect Culture Bureau at the General Secretariat of the Office of H.H Deputy Prime Minister & Minister"...

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07 Jul 2014

Egypt Raises Taxes On Alcohol and Tobacco

Egyptian President Abdel Fattah al-Sisi issued a decree on Sunday to raise taxes on imported and locally produced alcohol and tobacco.


The increase, which ranges from 40 to 120 percent, will go into effect starting Monday.


The"......

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07 Jul 2014

Egypt: Cairo Governor Says Public Transport Fares Not to Increase

Cairo Governor Mostafa Saeed said on Sunday that the fares of public buses will not increase due to the fuel subsidy cuts that went into effect midnight of Friday.


The Egyptian government increased fuel prices on Saturday by up to 75 percent in an effort to decrease the budget deficit and reduce an economic burden"......

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07 Jul 2014

Egypt cuts fuel subsidies, adds taxes

Egypt's President Abdel Fattah al-Sisi on Sunday defended a government decision to raise fuel prices as the authorities also slapped higher taxes on cigarettes and alcohol, state media reported.


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07 Jul 2014

PepsiCo targeting expansion in Upper Egypt, Delta: GM, PepsiCo Egypt and North East Africa

The global food and beverage company PepsiCo is looking to expand its operations in Upper Egypt and the Delta to increase sales, according to General Manager of the Pepsico North East Africa and Egypt Business Unit Ahmed El Sheikh. He added that the Egyptian market is promising, despite what it has dealt with during the last three years.

According"...

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07 Jul 2014

Egypt to allow foreign companies to provide mortgage finance

President Abdel Fattah Al-Sisi issued a legislative amendment to the Mortgage Law on Saturday, which would allow – for the first time ever – companies with foreign capital to finance mortgage in Egypt, in a move to provide low-income housing.


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