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U.S. President Donald Trump departs on travel to West Point, New York from the South Lawn at the White House in Washington, U.S., December 12, 2020. REUTERS/Cheriss May

Trump Paid no Income Tax in 2020, Reported Losses in Office, Records Show

Donald Trump paid no income tax during the final full year of his presidency as he reported a loss from his sprawling business interests, according to tax figures released by a congressional panel. …

21, Dec 2022
Britain's Chancellor Jeremy Hunt leaves 11 Downing Street to attend Parliament in London, Thursday, Nov. 17, 2022. Just three weeks after taking office, British Prime Minister Rishi Sunak faces the challenge of balancing the nation's budget while helping millions of people slammed by a cost-of-living crisis. Treasury chief Jeremy Hunt will deliver the government's plan for tackling a sputtering economy in a speech to the House of Commons on Thursday. (AP Photo/Alastair Grant)

UK Budget Takeaways: Higher Taxes, More Aid To Needy

The British government unveiled an emergency budget featuring billions in tax increases in a bid to restore trust and stability in the U.K. economy and help millions struggling to cope with a…

AP 17, Nov 2022
British Prime minister Rishi Sunak speaks during Prime Minister's weekly question time debate, at the House of Commons in London, Britain, November 2, 2022. UK Parliament/Jessica Taylor/Handout via REUTERS

UK To Extend Windfall Taxes On Energy Firms -The Times

British Prime Minister Rishi Sunak and Chancellor of the Exchequer Jeremy Hunt are planning to extend windfall taxes on oil and gas companies to raise nearly 40 billion pounds ($45.55 billion) over…

02, Nov 2022
Commuters walk across London Bridge toward the financial district, in London, Britain, September 26, 2022. REUTERS/Peter Nicholls/File Photo

UK Faces Tax Rises As Well As Spending Cuts - Treasury Source

Everyone in Briton will need to pay more in tax in the coming years to fix a hole in public finances, a source in the finance ministry said on Monday, following a meeting between Prime Minister Rishi…

31, Oct 2022
British Prime Minister Liz Truss looks on as she speaks to the media at the Empire State building in New York, U.S., September 20, 2022. REUTERS/Toby Melville/Pool/File Photo

Liz Truss Says Sorry, Faces Deep Spending Cuts To Balance Books

Prime Minister Liz Truss apologized for threatening Britain's economic stability after she was forced to scrap her vast tax-cutting plans and embark on a program of "eye-watering" public spending…

18, Oct 2022
New Chancellor of the Exchequer Jeremy Hunt leaves 10 Downing Street in London, Britain, October 14, 2022. REUTERS/Henry Nicholls/File Photo

New UK Finance Minister Hunt Scraps Tax Cuts, Reins in Energy Support

New finance minister Jeremy Hunt scrapped Prime Minister Liz Truss's economic plan and scaled back her vast energy subsidy on Monday, launching one of the biggest U-turns in British fiscal policy to…

17, Oct 2022
A Saudi national wearing a face mask gets his passport from a Saudi Immigration officer, at the King Khalid International Airport, in Riyadh, Saudi Arabia, May 16, 2021. (File photo: Reuters)

Saudi Government Agencies Grow More Business-Like

“A few weeks ago, there was a miscommunication with the Zakat, Tax and Customs Authority (ZTCA) regarding my company’s tax return, which led to a problem with the authority. I called the point of…

Motasem Al Felou 27, Aug 2021
  • Popular
  • Editor's Pick
Nash
Politics

Iran’s waning influence

27 June 2025

Our July issue features in-depth articles and expert analyses exploring the future of Iran's influence and the long-term reverberations for the region

Al Majalla - London
Emergency workers check the damage caused to a building from an Iranian missile strike in Beersheba in southern Israel on June 24, 2025. John Wessels / AFP
Business & Economy

Counting the cost of the Israel-Iran war

24 June 2025

The recent Israel-Iran war is not just a regional flashpoint; it is a mirror reflecting the fragility and interdependence of the modern global economy

Abdel-Rahman Ayas
Adrián Astorgano
Politics

Shaky Israel-Iran ceasefire points to unfinished business

24 June 2025

What Trump has dubbed the '12-Day War' could be just the opening salvo of a much longer conflict

Michael Horowitz
Al Majalla - Getty - AFP - Reuters
Science & Technology

Behind the bombs: the Israel-Iran cyberwar

25 June 2025

Images of rocket trails, explosions, and destruction were broadcast worldwide, but a quieter war in cyberspace was also being waged, and it was no less important

Marco Mossad
Yusra Naim
Profiles

Zohran Mamdani: New York City's first Muslim mayor?

27 June 2025

His supporters say his mayoral primary victory could be an inflexion point in American politics that shows the electoral viability of left-wing policies and support for Palestinian rights

Con Coughlin

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OPINIONS

One of the Arab world's great stories gets a new lease of life

Tarek Emam
Tarek Emam

Renewable energy leads global FDI in 2024

Al Majalla - London

Rabbi behind the Abraham Accords: Trump key to Israel-Syria peace

Ibrahim Hamidi
Ibrahim Hamidi

Iran's waning influence means it will now turn inwards

Ibrahim Hamidi
Ibrahim Hamidi
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