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Economy and Policy

Economy and Policy latest

Trump and Carney
July 21st, 2026 - 11:33 GMT
P. Choiaqo

P. Choiaqo

Trump hits Canada with 50% tariff

ALBAWABA - The Tariff President, Donald Trump, continues to impose tariffs on friends and enemies alike, the latest being Canada with a hefty tariff of 50 percent. The move comes in response to Trump’s perceived ‘unequal treatment’ of U.S. cars, dairy, and alcohol by Canada; tariff targets ranged from everyday goods such as wine and hockey sticks to industrial goods like cement. "This is the latest in a series of ...
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Oman's corporate income tax would rise to 15 per cent. (File photo)
December 24th, 2015 - 01:03 GMT

Oman considers upping corporate income tax by 3 percent to face falling oil prices

Al Bawaba
December 24th, 2015 - 12:24 GMT

UAE, Masdar sign agreement for marine conservation, healthy aqua-farming ecosystem

Al Bawaba
December 23rd, 2015 - 11:27 GMT

Egypt's IDA approves 181 new industrial investment projects

Al Bawaba
December 23rd, 2015 - 11:00 GMT

UN passes resolution supporting Palestinian sovereignty over natural resources

Al Bawaba
December 23rd, 2015 - 10:00 GMT

Cutting Oman's $8.3M deficit is a bitter pill to swallow

Al Bawaba
December 23rd, 2015 - 07:00 GMT

As UAE mulls VAT, income expected to remain tax free

Al Bawaba
December 23rd, 2015 - 04:27 GMT

Kuwait to loan Egypt $1.5B for Sinai development projects

To combat lower revenues from falling oil prices, the government has raised the debt ceiling to and issued bonds. (Shutterstock)
December 22nd, 2015 - 08:30 GMT

Bahrain budget cuts are 'just the beginning': finance minister

Al Bawaba
December 22nd, 2015 - 06:14 GMT

Dubai Trade adds Oman Insurance to its online tradeshield platform

Al Bawaba
December 21st, 2015 - 09:16 GMT

Devaluation of pound necessary to promote growth in Egypt: EFG Hermes

Welcoming of the Korea Customs Service delegation at Dubai Customs
December 21st, 2015 - 10:25 GMT

Dubai Customs receives a delegation from Korea Customs Service to discuss collaboration and bilateral trade

Al Bawaba
December 21st, 2015 - 06:43 GMT

World Bank approves $5B loan to Egypt

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