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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
King Mohammed VI of Morocco has sent a speech to participants in the 26th United Nations Climate Change Conference (COP26), which opened on Monday in Glasgow, Scotland. Here follows the full text of the royal speech, which was read out Read more
The kingdom of Saudi Arabia has announced plans to host the 2030 edition of the World Expo to mark its vision 2030, Trade Arabia reports. The Gulf country has expressed its bid for the global event in a letter by Read more
The Iranian navy has busted Monday a pirate attack against an Iranian oil tanker in the Gulf of Aden, Arab News reports city Iranian state TV. The attack according to the media occurred the before the vessel crossed the Bab Read more
An undisclosed Chinese company will launch in the Iraqi Kurdish capital Erbil a $5-billion tourism project expected to create over 8,000 job opportunities, a local official has told media, Zawya reports. Director of Erbil Board of Investment Saman Arab told Read more
The UN Security Council has adopted on Friday Oct.29 Resolution 2602, extending the mandate of the MINURSO, the UN mission operating in the Sahara for another year, until 31 October 2022. MINURSO’s previous one-year mandate was set to expire on Read more
Saudi Arabia’s Tourism Development Fund (TDF) entered into a deal with UK-based hospitality company Ennismore to establish a $400 million fund that will help bring Ennismore’s lifestyle brands to 12 destinations in the kingdom, reports say. Per the deal, TDF Read more
A Jordanian citizen arrested in Turkey for allegedly spying for the UAE has been released but banned from leaving the country, Daily Sabah reports. Ahmed Mahmoud Ayesh Al Astal attended the hearing at the Sakarya 2nd High Criminal Court via Read more
U.S. President Joe Biden on Thursday called on the junta in Sudan to restore civilian rule, pledging that his country would continue to “stand with the Sudanese people and their nonviolent struggle.” “Leaders and organizations around the world … have Read more
Riyadh-based Dallah Healthcare Co has acquired an 8.2 percent stake in International Medical Co. in line with plans to expand cross the kingdom, Zawya reports. The acquisition, published on the kingdom’s stock market Tadawul, cost Dallah Healthcare SAR 289 million Read more