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  • Politics
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  • tax

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 December 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 November 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 November 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 October 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 October 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 October 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 August 2021
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A picture of Farid al-Madhan, known as "Caesar," wearing a blue robe in the US Congress.
 Reuters/ Al Majalla
Politics

Syria's new post-sanctions test

22 December 2025

Damascus finally gets breathing room after the US repealed its draconian Caesar sanctions, but it can't exhale just yet. Al Majalla explains why.

Haid Haid
Opinion

Israeli gas and the crafting of a 'new Middle East'

22 December 2025

The US is poised to use Israeli gas as a lever to keep Iran on the backfoot following its regional setback, and it could even use it to undercut Russia's economy

Ibrahim Hamidi
Women and children at the Zamzam displacement camp, close to el-Fasher in North Darfur, Sudan, in January 2024. REUTERS/Mohamed Zakaria
Politics

After el-Fasher: the trajectory of war in Sudan

16 November 2025

Washington seems to have changed its tone after the RSF committed atrocities in October, putting increasing pressure on the foreign backers of a paramilitary that now controls Darfur. What next?

Amgad Fareid Eltayeb
Despite a new president, a new prime minister, a new government, and a new central bank governor, what has actually changed after Lebanon's economic collapse? Lina Jaradat
Business & Economy

A state in crisis: Lebanon’s struggle to restore financial stability 

20 December 2025

Following the appointment of a new president, Lebanon has struggled to come to terms with the deep-rooted challenges of its financial collapse

Toufic Chanbour
Culture & Social Affairs

This year in film: landmark moments across platforms

22 December 2025

Al Majalla looks back at a memorable and haunting year in film, with Kaouther Ben Hania's The Voice of Hind Rajab one of 2025's most powerful works

Wael Said

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OPINIONS

The global AI race heats up

Al Majalla - London
Al Majalla - London

Israeli gas and the crafting of a 'new Middle East'

Ibrahim Hamidi
Ibrahim Hamidi

Syria's new post-sanctions test

Haid Haid
Haid Haid

This year in film: landmark moments across platforms

Wael Said
Wael Said
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