A cigarette shortage was reported by shops and supermarkets after it was confirmed that Bahrain had raised import duty on alcohol and tobacco – a move that is expected to drive up prices in the market. Information, Parliament and Shura A
World trade negotiators seeking to eliminate tariffs on IT products agreed over the weekend to expand the list on which tariffs would be dropped to about 200 products with an annual trade value of some $1 trillion.
Egypt's largest listed automotive assembler and distributor GB Auto has called for lower tariffs on car imports from the United States and Asia, fearing that free trade agreements signed with Europe, Turkey and Morocco will distort competiti
India plans to pull its tariff regime closer in line with global norms to prepare for new regional trade pacts being negotiated by advanced economies, the government said.
India has not been invited to join pacts such as the US-le
Abu Dhabi will raise water and electricity tariffs for residential consumers of the UAE capital and also the neighbouring Al Ain region, starting from January 1.
Tariffs will be hiked by between 10 and 40 per cent, state news agency
Egypt has scrapped emergency import tariffs on raw and white sugar, it said in a filing to the World Trade Organization.
Egypt said in December it had imposed a "provisional safeguard measure" of 17 per cent of the CIF v
London's Heathrow airport has moved to appease airlines by offering to reduce a hike in landing fees it is seeking to charge between 2014 and 2019.
As part of a proposed new pricing regime, Britain's busiest airport has su
Saudi Arabia’s Customs Department has posted revenue of SR22.25 billion ($6 billion) for 2012, 13.5 per cent more that of 2011, a report said.
Tariff exemption on imported products amounted to SR 6.4 billion in 2012, accordi
Etisalat, the leading telecom service provider in the UAE, plans to cut international call tariffs to various countries by up to 30 per cent, an executive said, as the former monopoly tries to win back market share.
The plans are at an ear
Egypt's Suez Canal Authority said on Thursday it would raise toll fees for all vessels passing through the strategic waterway by 3 per cent starting March 2012, saying tariffs had not been changed for the previous three years.