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One-time Tunisian presidential candidate Nabil Karoui has been ordered to pay a fine worth millions for failure to pay customs dues, authorities said on Thursday.

After a change in the law that says foreign firms must open headquarters in the Saudi capital, the Gulf nation is preparing to take on Dubai.

Key dates in Jordan's history

The New Arab Staff & Agencies

Key dates in Jordan's history

Since its independence in 1946, Jordan has been through major events that defined its History.

IMF grants $174m emergency loan to South Sudan

The New Arab Staff & Agencies

IMF grants $174m emergency loan to South Sudan

The IMF has given millions in a loan to South Sudan

Saudi plans $3.2 trillion investments to boost private sector

The New Arab Staff & Agencies

Saudi plans $3.2 trillion investments to boost private sector

Saudi Arabia announced plans for $3.2 trillion in investments by 2030 to boost the private sector and diversify its oil-reliant economy.

Moustafa al-Saied, Ali Eid and Mohamed Abo El-Gheit

How Russia swooped Syria's hydrocarbon share in Eastern Mediterranean

An investigation by The New Arab’s sister site Al-Araby Al-Jadeed delves into Soyuzneftegaz's operations in Syria, its questionable credentials, links to corruption and hidden manoeuvres with the Assad regime.

The New Arab Staff & Agencies

New York state announces deal to legalize recreational marijuana

Governor Andrew Cuomo and New York state lawmakers formally agreed in late-night talks on a deal to legalize recreational marijuana use for ...

Annelle Sheline

Saudi ceasefire proposal clearly designed to appease the US

Comment: If the Saudis and US are actually dedicated to ending the war, they should put aside ceasefire theatrics and start by lifting the ...

The New Arab Staff & Agencies

Saudi Aramco reports 30% drop in payments to state

Saudi Arabia's Aramco paid 30 percent less in taxes to the Saudi government than in 2020 amidst a prices crisis on oil mainly due to the ...

Luxury oasis draws elite Saudis locked in by pandemic

The New Arab Staff & Agencies

Luxury oasis draws elite Saudis locked in by pandemic

The Riyadh Oasis, a high-end desert retreat, seeks to lure wealthy Saudis barred from their usual travels since the start of the coronavirus ...

The New Arab Staff & Agencies

Turkey's Erdogan unveils economic reform plan

The Turkish lira lost more than half a percent against the dollar in the course of Erdogan's hour-long address in Istanbul.

Lebanese parliament approves World Bank loan

The New Arab Staff & Agencies

Lebanese parliament approves World Bank loan

The approval of the $246 million loan came as the local currency tumbled to a record new low on the black market, triggering immediate protests.

How Israeli industrial zones exploit Palestinian land and labour

Jessica Buxbaum

How Israeli industrial zones exploit Palestinian land and labour

In-depth: Palestinians working in settlement industrial zones often feel they have no other choice, with the Palestinian economy and labour ...

Despite the Pope's visit, uncertainty reigns over Mosul's fate

Gaja Pellegrini-Bettoli

Despite the Pope's visit, uncertainty reigns over Mosul's fate

In-depth: Amid an outpouring of hope over Pope Francis' visit, much work is still needed to rebuild Mosul from the ruins of war and protect ...

UAE now among world's top ten <em>tax</em> havens: NGO

The New Arab Staff & Agencies

UAE now among world's top ten tax havens: NGO

For the first time, the UK has become one of the world's top ten tax havens.

The New Arab Staff & Agencies

US cracks down on Israeli billionaire over DRC

Mining tycoon Dan Gertler has been sanctioned by the US government who accuse him of corruption in the Democratic Republic of Congo.

The New Arab Staff

Will Pope Francis' visit help fix Iraq's many problems?

In-depth: Pope Francis' visit to Iraq is significant to Iraqis who have faced violence by scores of militant groups over previous years, but ...

The New Arab Staff & Agencies

$1.9 trillion Covid plan clears US House

The US House passed an enormous, $1.9 trillion coronavirus relief package early Saturday.

Sam Hamad

Has Biden fallen at the first hurdle with Sisi?

Comment: Biden's huge and no-strings attached arms deal with Egypt suggests that his tough campaign rhetoric on Sisi might have been little more ...

Tunisia ex-presidential candidate released on bail

The New Arab Staff & Agencies

Tunisia ex-presidential candidate released on bail

After a two month spell in prison, Nabil Karoui has been released on bail, but still faces charges of money laundering and tax evasion.

The New Arab Staff & Agencies

US Supreme Court allows release of Trump tax records

The US Supreme Court on Monday rejected a bid by Donald Trump to prevent his tax records from being shown to prosecutors.

EU sets deadline for Turkey on <em>tax</em> blacklist: diplomats

The New Arab Staff & Agencies

EU sets deadline for Turkey on tax blacklist: diplomats

The EU has reportedly again kept Turkey on its 'grey list of offenders', countries that are asked to make changes to their policy and are given ...

US Capitol riot probe planned, Trump's legal woes mount

The New Arab Staff & Agencies

US Capitol riot probe planned, Trump's legal woes mount

Most Republicans in the US Senate voted to acquit Donald Trump in last week's impeachment trial, but the former president's woes are far from ...

Saudi Arabia pushes companies to move headquarters to kingdom

The New Arab Staff & Agencies

Saudi Arabia pushes companies to move headquarters to kingdom

Saudi Arabia will stop doing business with foreign companies with regional headquarters outside the kingdom starting in 2024, state media said.

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