• Israel cabinet to meet on Sunday on Doha truce talks

    Jerusalem--Israel's security cabinet is set to meet Sunday to discuss the "mandate" of a delegation due to travel to Doha for talks on a truce in Gaza, the prime minister's office said. The security cabinet and the smaller, five-member war cabinet will meet Sunday to "decide on the mandate of...
  • Israeli negotiators to arrive in Qatar for hostage talks

    According to local media reports, the country's war cabinet endorsed the decision to dispatch negotiators to Qatar to continue talks aimed at securing a ceasefire in the war against Hamas and the return of hostages being held in Gaza. Pressure has mounted on Israeli PM to strike a deal to...
  • UAE to press firms with 20-49 staff to hire at least one Emirati in 2024

    Dubai, UAE--The UAE's Ministry of Human Resources and Emiratisation (MoHRE) has started implementing the cabinet decision to expand the scope of companies subject to Emiratisation targets, where more than 12,000 companies with 20-49 employees, are required to hire at least one UAE citizen in 2024 and another one in 2025....
  • Saudi economic support vital for progress in various sectors: Yemen PM

    Aden, Yemen--Yemeni Prime Minister Maeen Abdulmalik affirmed that the economic support Saudi Arabia provides to Yemen represents a vital factor for achieving progress in various service and development sectors. During a cabinet meeting today in Aden, Abdulmalik pointed out that the kingdom's economic support backs the efforts of the Yemeni...
  • UAE sets more norms for ‘Qualifying Investment Funds’

    The new set of conditions brought in by the finance ministry look to shore up the integrity of the corporate tax system in order to boost the UAE's appeal as an investment haven.
  • UAE cabinet sets up ministry of investment, approves new strategies

    The new ministry will bolster the UAE's business aims and investment policies, apart from promoting its infrastructure as a global platform to attract investments in various sectors. The ministry will propose the general investment policies of the country in coordination with the relevant authorities, in addition to preparing strategies, legislation,...
  • UAE aims to drive sustainable development with its new policy on energy market

    Dubai, UAE-- The UAE has set its sights on regulating the energy providers market as a step toward developing the country's energy infrastructure and enhancing environmental sustainability. The initiative is a vital component of a new policy that aims to ramp up investments in the energy sector, encouraging innovation, and...
  • India to connect its power grid with Saudi Arabia, UAE

    New Delhi, India--India is looking to connect its power grid with Saudi Arabia and the UAE by way of undersea cables, according to Indian media, citing Union Minister for Power and Renewable Energy Raj Kumar Singh.  The media reports said that India will sign bilateral agreements with Saudi Arabia and...
  • Manaf Al Hajri named finance minister in new Kuwait cabinet

    Dubai, UAE -- Kuwait's Prime Minister Sheikh Ahmad Nawaf al-Sabah has named Manaf Abdulaziz Al Hajri as minister for finance and minister of state for economic and investment affairs in the new cabinet announced Sunday. Most of the ministerial portfolios remain unchanged in the new cabinet, such as Bader Al...
  • UAE decision on Small Business Relief aims to support startups

    Dubai, UAE – UAE’s Ministry of Finance has announced a decision on Small Business Relief (SBR), which is aimed at supporting startups and other small or micro businesses by reducing their corporate tax burden and compliance costs. The Ministry’s decision stipulates that taxable residents of the UAE can claim SBR...
  • UAE okays 24 initiatives to double re-export industry by 100%

    Abu Dhabi, UAE--The UAE government has endorsed 24 national initiatives to double the country’s re-export industry by 100 per cent over the next seven years. The measures were approved during a cabinet meeting chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler...
  • Israeli government approves 2023-2024 budget

    Israel's government approved the 2023-2024 budget against the backdrop of economic uncertainty linked to controversial judicial reforms advanced by the government of Prime Minister Benjamin Netanyahu. The government had been expected to adopt the budget during a cabinet meeting Thursday, but talks ran late into the night and also took...
  • UAE sets 31 Dec. deadline for availing redetermination of tax penalties

    Abu Dhabi, UAE---The Federal Tax Authority (FTA) has called on registered taxpayers to benefit from the decision to re-determine administrative penalties on taxes, which are 30 percent of the total outstanding amount of penalties that were not paid before 28 June 2021. They have also been asked to ensure they...
  • Jordan cabinet reshuffle aims at modernization plans

    Jordan's cabinet reshuffle is a mandate for the government to work within the Kingdom's three modernization tracks, launched at the beginning of the country's bicentennial, Minister of Government Communications Faisal Shboul said.
  • Kuwait chooses new ministers for oil and foreign affairs

    Kuwait City, Kuwait— Kuwait has brought in a new oil minister in a new cabinet reshuffle after the September elections. Bader Hamed Yousef Al-Mulla was appointed as Kuwait’s new oil minister on Sunday as part of the Gulf country’s new cabinet. In the reshuffle, Salem Abdullah Al-Jaber Al-Sabah was appointed...
  • Egypt’s parliament approves major cabinet reshuffle

    An emergency session of parliament on Saturday approved several cabinet changes in Egypt's first major reshuffle since 2019, with 13 ministers moved, the National Media Authority reported. A statement said the House of Representatives had approved "all the nominations set forth in a letter from President Abdel Fattah al-Sisi regarding...
  • Jordan cabinet meeting debates implementation of reform plan

    A cabinet meeting in Jordan discussed ways of implementing the "roadmap" in accordance with the time frame set by the government.
  • Panel to steer development of digital ecosystem in UAE formed

    The United Arab Emirates has formed a committee that aims to supervise and guide the development of the digital ecosystem in the country. The committee will also enhance readiness, competitiveness, flexibility and digital alignment between projects and digital systems in federal government agencies, an official statement said. The formation of...
  • Lebanon cabinet passes financial recovery plan during last session

    The cabinet of bankrupt Lebanon, at its final session on Friday, passed a financial recovery plan needed to secure international aid, but its implementation will depend on the fractious incoming parliament. The session came five days after Lebanon held its first election since an economic crisis, widely blamed on corruption...
  • UAE approves formation of council for digital economy

    The United Arab Emirates (UAE) has given go-ahead to the formation of a digital economy council in a cabinet meeting. It also approved a plan according to which the digital economy can contribute 20 percent to the gross non-oil national economy in the coming years.
  • UAE sanctions crowdfunding for public and private sectors

    The Cabinet approved the UAE System for Crowdfunding Platform Operators, stressing that the Securities and Commodities Authority (SCA) will be responsible for the regulation governing the activities of crowdfunding platform operators.
  • Libya has 2 prime ministers after parliament vote

    The emergence of the new government once again gives Libya two prime ministers, as was the case between unrest-plagued 2014 and 2020.
  • UAE Cabinet okays trading cooperative shares on financial markets

    The move is said to be conducive to strengthening the regulatory environment of the cooperatives sector and driving their economic returns.
  • Iraq confirms distributing residential lands under Dari initiative

    Iraqi Prime Minister Mustafa Al-Kadhimi has directed contracting with investment companies to build infrastructure in the areas where residential land will be distributed as part of the Dari initiative. The Iraqi General Secretariat of the cabinet confirmed this on Tuesday. "The process of handing over plots to those covered by...
  • UAE restructures Securities and Commodities Authority

    The Cabinet has approved a decision to restructure the Board of Directors of the Securities and Commodities Authority, under the chairmanship of Mohamed Ali Al Shorafa Al Hammadi. The decision is part of developing the system and workflow in the federal government in support of the UAE’s vision.
  • Jordan endorses tourism national strategy as pandemic abates

    Nayef Fayez, tourism minister, said tourism in 2021 saw an improvement, especially in the second half of the year.
  • UAE Cabinet approves laws for housing loans, medicines

    The UAE cabinet has also approved policies to boost the creative sector, and even rehabilitate convicts and juvenile delinquents.
  • Transformative projects focus of new UAE cabinet

    The government work 'will be led by major transformative projects and not just long-term strategic plans, says Sheikh Mohammed.
  • Economy in focus as Lebanon’s new cabinet holds first meeting

    The meeting, during which a ministerial statement is to be drafted to be submitted to a confidence vote in parliament, opened in the presence of President Michel Aoun. He said in a statement he hoped the committee would pursue negotiations with the International Monetary Fund.
  • Challenges ahead for Lebanon’s new government

    Formed after 13 months of political deadlock, tackling the country's worst ever economic crisis ought to be the new government's priority.
  • Raisi says economy, Covid response ‘does not befit’ Iran

    He delivered the remarks while chairing the first meeting of his cabinet which was approved by parliament on Wednesday
  • Lebanon leaders, central bank lock horns over fuel subsidies

    In a country suffering from one of the worst economic crises in the world, this could effectively raise prices for fuel, amid its shortage.
  • Lebanon: New cabinet unlikely by explosion anniversary

    Political parties said to be again bickering over portfolios, which prevented government formation during the past one year.
  • Lebanon discuss next PM choice after a week

    Lebanon will begin parliamentary consultations to designate a new prime minister and Cabinet from July 26