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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
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Lina Jaradat
Politics

US-Houthi ceasefire fuels Israeli fears of an Iran deal

09 May 2025

The Yemeni militant group is proving to be a stubborn adversary, and Trump doesn't want anything to detract from his visit to the Gulf next week, where he plans to make a 'big' announcement

Michael Horowitz
Sara Padovan
Business & Economy

A new economic order is emerging, and tariffs play no part in it

07 May 2025

China has been quietly working to rewrite the rules of global trade and finds itself in a strong position in the current trade war launched by Washington. A look around the world shows why.

Shirley Ze Yu
Ewan White
Politics

Why Libya isn't the right model for Iran’s nuclear climbdown

08 May 2025

Israel wants the total dismantlement and scrapping of all Iranian nuclear facilities, just like in Libya two decades ago. That is unrealistic for several reasons.

Ramzy Ezzeldin Ramzy
Rahaf Saad, a Palestinian girl who lost her legs in an Israeli air strike. REUTERS
Culture & Social Affairs

Missing limbs and broken dreams: Gaza's generation of child amputees

03 May 2025

Israel's war on Gaza has created the "largest cohort of child amputees in modern history". On the ground, Al Majalla speaks to affected families.

Houssam Marouf
Opinion

Trump's 'unforced errors' could accelerate America's decline

06 May 2025

If history is any judge, Trump's tariffs and damaging actions towards US allies could speed up the emergence of a multipolar world, much like George W. Bush's invasion of Iraq

Christopher Phillips

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OPINIONS

US-Houthi ceasefire fuels Israeli fears of an Iran deal

Michael Horowitz
Michael Horowitz

Neo-Umayyadists need a reality check

Houssam Itani
Houssam Itani

Libya is at its lowest point since 2020

Ben Fishman

China's titanium grip on rare earths puts US on backfoot

Abdulfattah Khattab
Abdulfattah Khattab
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