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.
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
Saudi Arabia announced plans for $3.2 trillion in investments by 2030 to boost the private sector and diversify its oil-reliant economy.
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.
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 ...
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 ...
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 Riyadh Oasis, a high-end desert retreat, seeks to lure wealthy Saudis barred from their usual travels since the start of the coronavirus ...
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 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
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
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 tax havens: NGO
For the first time, the UK has become one of the world's top ten tax havens.
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.
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 ...
$1.9 trillion Covid plan clears US House
The US House passed an enormous, $1.9 trillion coronavirus relief package early Saturday.
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
After a two month spell in prison, Nabil Karoui has been released on bail, but still faces charges of money laundering and tax evasion.
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 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
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
Saudi Arabia will stop doing business with foreign companies with regional headquarters outside the kingdom starting in 2024, state media said.
A path to citizenship will be available for 'investors, specialised talents and professionals'.