Reuters Egypt’s Supreme Investment Council approved a host of measures to boost investment that included an extended suspension of capital gains tax on shares and tax exemptions for producers in strategic sectors. Egypt has been trying to attract investment to restore growth since an uprising in 2011, which ushered in protracted political turmoil and scared away tourists and foreign …

  Bloomberg Oil rebounded from its longest losing streak in two months as uncertainty over an OPEC output deal amid growing US crude stockpiles and the upcoming American election kept markets volatile. US inventories rose by a record last week, and OPEC members claiming exemption from an agreement to limit supplies boosted production in October. While the stockpile gain was …

  Doha / AFP Qatar’s population has passed the 2.6 million mark as the emirate draws in thousands of workers to build the infrastructure for the 2022 football World Cup, official figures showed Wednesday. The tiny Gulf state has seen a more than four-fold increase in its population since 2000 as oil and gas revenues have fuelled a rapid economic …