G20 validates a 15% global minimum tax for multinationals

G20 leaders unanimously approved a 15 percent global minimum tax on large corporations, official sources said. “Today, all G20 leaders approved a historic agreement on new international tax rules, including a global minimum tax,” said Janet Yellen, U.S. Treasury Secretary, Read more

KSA: Prince al-Waleed refusing settlement with authorities in purge against corruption

Prince al-Waleed bin Talal has reportedly refused to give up part of his fortune in exchange for freedom in the purge launched by authorities to wipe out corruption. The owner of Kingdom Holding Company according to the Financial Times has Read more

KSA: Bill Gates breaks silence, calls detained Prince Alwaleed important partner

Microsoft founder Bill Gates in an email to Bloomberg Monday dared to speak in favor of Saudi Prince Alwaleed bin Talal whom he called an “important partner”. Alwaleed has been detained along with 200 others in a corruption clean-up drive Read more