Kuwait's new tax on multinational entities is aimed at helping the country diversify its economy away from oil. Bloomberg

Kuwait announces regulations for new tax on multinationals

The domestic minimum tax will apply to large companies that operate in more than one country

Economy

Jerome Powell maintains wait-and-see policy despite White House pressure

Economy

UAE signed 146 agreements to avoid double taxation in 2024

Economy

Trump wants 1% rate cut and would ‘love’ Fed's Powell to resign

Economy

UAE reaffirms commitment to partnerships and sustainability at AIIB summit

Economy

Israel's economic losses in Iran war estimated at $6bn

Economy

IMF revises 2025 Saudi growth upwards to 3.5%

Economy
Heritage Village in Abu Dhabi. The UAE benefits from Abu Dhabi’s sovereign net foreign assets, according to a new Fitch report. Khushnum Bhandari / The National

UAE’s credit ratings endorsed by top global agencies

Fitch, S&P and Moody's assign strong sovereign grade for the Emirates

Economy

IMF approves $700 million for Jordan

Economy

World Bank allocates $400m for war-devastated Lebanon and Syria reconstruction

Economy

Business InsightsWhat companies can do to mitigate risks of Gulf conflict

Economy

Egypt scrambles to secure energy sector amid Israeli cut-offs

Economy

War impact on Iran’s battered economy will be 'devastating'

Economy

Why Oman has decided to levy income tax on high earners

Economy
A view of the West Cairo natural gas electrical power station in the Egyptian city of Giza. AFP

Egypt scrambles to secure energy sector amid Israeli cut-offs

Amid Israel-Iran war, Egypt puts emergency measures in place to stabilise energy infrastructure

Economy

War impact on Iran’s battered economy will be 'devastating'

Economy

Why Oman has decided to levy income tax on high earners

Economy

World Bank: Israel-Iran war spillover could slow Gulf investment inflow in 2025

Economy
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