News

Mon, 18 Feb 2019 19:08:40 GMT

Uber to pay value-added tax in Egypt

On Monday, the Egyptian Tax Authority, Abdel Azeem Hussein said that Uber has agreed to pay VAT on its car services in Egypt.

Mon, 18 Feb 2019 18:11:45 GMT

EU's Juncker says Trump promises not to impose new tariffs on European cars

On Monday, the European Commission President Jean-Claude Juncker said that the US President Donald Trump promised that he would not impose new import tariffs on European cars.

Mon, 18 Feb 2019 18:11:02 GMT

Greece might not get Eurozone cash next month

On Monday, Eurozone officials said that Greece might not get Eurozone cash next month because the country has not completed the agreed reforms.

Mon, 18 Feb 2019 16:41:40 GMT

Britain does not support Huawei ban

It was revealed on Monday by a Reuters source that British security officials are not favoring a total ban of China's Huawei from UK's telecommunications networks.

Mon, 18 Feb 2019 16:41:32 GMT

Oil prices head for record gains

On Monday, oil prices had reached a new high level, which, if maintained, would become the highest quarterly surge since 2011.

Mon, 18 Feb 2019 15:55:48 GMT

Seven UK lawmakers quit

Seven lawmakers of the Labour party quit on Monday due to the party leader's approach to Brexit and anti-Semitism. Namely, the lawmakers announced that the hard left has taken over the party.

Mon, 18 Feb 2019 15:55:23 GMT

Uber agrees to pay VAT

Uber has set a precedent in Egypt by agreeing to pay value added tax. The information was revealed by Egyptian officials on Monday.

Mon, 18 Feb 2019 14:53:20 GMT

UK lawmakers propose social media regulation

On Monday, British lawmakers announced that tech companies and specifically Facebook have to be subjected to an ethics code to solve various issues that have arisen during the past years.

Mon, 18 Feb 2019 14:53:12 GMT

Facebook comments on regulation

Facebook representatives have announced that the company is open to meaningful regulation. Moreover, the company announced that it has already made changes.

Mon, 18 Feb 2019 13:55:51 GMT

Alibaba developed Chinese Communist Party app

It was revealed by a Reuters source on Monday that Alibaba developed the popular Chinese Communist Party app, which is used for propaganda.

Mon, 18 Feb 2019 13:55:32 GMT

China reveals development guidelines

On Monday, the Chinese cabinet issued guidelines that will regulate how the area around the delta of the Pearl River will be developed. It is set to change the cities of Hong Kong and Macau.

Mon, 18 Feb 2019 12:43:34 GMT

UAE sign a $1.58 defense contract

It was announced by United Arab Emirate officials on Monday that the country has signed a $1.58 billion contract with international firms. The news are set to boost defense stocks.

Mon, 18 Feb 2019 12:42:51 GMT

EU officials comment on car imports

On Monday, a spokesperson from Germany announced that the EU sees no threat in car imports from the US. Due to that reason security cannot be used as a base for setting tariffs on the cars.

Mon, 18 Feb 2019 12:01:49 GMT

Seven Labour lawmakers quit Britain's main opposition party

On Monday, Seven lawmakers quit UK's Labour Party, citing leader Jeremy Corbyn's approach to Brexit.

Mon, 18 Feb 2019 12:01:34 GMT

British lawmakers say Facebook and other tech companies need ethical oversight

On Monday, the UK lawmakers said that Facebook and other tech giants need a compulsory independent ethical oversight.

Mon, 18 Feb 2019 11:21:32 GMT

European shares remain stable as trade talks progress

On Monday, European shares stalled, as investors and traders cashed in on Friday's gains ahead of China-US trade talks in the United States this week.

Mon, 18 Feb 2019 10:22:37 GMT

Global equity markets lifted to two and half month highs

On Monday, trade optimism lifted the global equity markets to a two and half month highs ahead of US-China trade talks in Washington this week.

Mon, 18 Feb 2019 10:10:19 GMT

Citigroup plans to buy Canary Wharf office building in London

According to a source with knowledge to the matter, said that Citigroup is in discussions to buy Canary Wharf office building in London.

Mon, 18 Feb 2019 10:07:46 GMT

Center-right set to win EU elections in May

According to a survey by the European Parliament, centre-right would win the biggest number of seats in the European Union Parliamentary elections in May.

Mon, 18 Feb 2019 09:24:12 GMT

Facebook ready to comply with constructive regulation

The Facebook Public Policy Manager Karim Palant stated on Monday that the company generally supported the idea of British lawmakers about mandatory compliance with the code of ethics as a tool against dissemination of fake news.

Mon, 18 Feb 2019 09:19:27 GMT

Qatar Petroleum signs $2.47B deals

On Monday, Qatar Petroleum signed preliminary agreements with Baker Hughes and Schlumberger worth nearly $2.5B to boost the country's energy industry.

Mon, 18 Feb 2019 08:25:50 GMT

Oil prices climb to two month highs

Crude oil prices surged by 48 cents or 0.9% on Monday morning, reaching $56.07 per barrel, amid another round of supply cuts and hopes that the US and China would manage to reach compromise on trade dispute.

Mon, 18 Feb 2019 08:21:36 GMT

Saudi to supply oil to Pakistan

The Saudi Energy Minister Khalid al-Falih announced on Sunday conclusion of a deal on oil supply to Pakistan in order to its petroleum needs.

Mon, 18 Feb 2019 07:17:28 GMT

Saudi has no interest in Manchester United

On Monday, the Media Minister of Saudi Arabia Turki al-Shabanah denied media reports that Mohammed bin Salman had intention to acquire Manchester United.

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