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Saif al Islam Gaddafi traveled to Egypt before submitting candidacy for presidential polls– reports
Saif al Islam Gaddafi, son of former Libyan leader Muammar Gaddafi and candidate for December 24 presidential elections in the oil-rich country, had traveled to Egypt to get the backing of President Abdelfattah al-Sisi prior to submitting his candidacy for the polls, Al-Araby Al-Jadeed reports. The Qatari media citing informed Libyan sources aware of communication […]
Egypt: Import Duties on Luxury Goods Increased to Promote Local Products
A new presidential decree coming into effect this February 1 will increase import duties on luxury goods from 10% to 40% as the government tries to boost its foreign reserves and ensure that they are spent on essential products while hoping to contribute to an increase in demand of local products. Ahmed Shiha, head of […]
MENA to Spend Over $ 11 Billion on IT
North Africa and Middle East countries will spend $11.4 billion on information technology products and services in 2015, says US firm Gartner Inc. in its forecast. The MENA countries IT spending includes purchase of internal services, software, information technologies services, data centers, devices and telecom services. According to the Gartner forecast, telecom services, which include […]



