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Main headlines latest

Zohran Mamdani
August 9th, 2026 - 08:42 GMT
P. Choiaqo

P. Choiaqo

Mamdani levies tax on luxury second homes, billionaires sue

ALBAWABA - Mamdani passes law taxing luxury second homes leading three New York billionaires to sue for failing to follow state notice requirements and setting off a “panic” in late July. The suit itself is not targeted toward the tax but toward Mamdani’s handling of the announcement of the tax with those suing citing the mayor’s office caused chaos after wrongly suggesting thousands of people might owe taxes on homes ...
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Al Bawaba
September 15th, 2014 - 02:40 GMT

Jordanian citizen sues members of Parliament for granting themselves lifetime pension

Egypt's trade balance deficit dropped to LE9.09 billion ($1.27 billion) in June 2014, the state-run statistical body CAPMAS reported Monday.
September 15th, 2014 - 04:55 GMT

Finally, some good news: Egypt's trade deficit plunges

Al Bawaba
September 15th, 2014 - 03:55 GMT

Baby steps: Qatar launches ME's biggest business incubator

Al Bawaba
September 15th, 2014 - 03:55 GMT

Running the country's economy from the outside? Libya's central bank chief fired amidst power struggle

While remittances to India from the GCC is a given considering the huge Indian population, remittances to other parts of the world is also increasing.
September 14th, 2014 - 08:48 GMT

A good chunk: UAE Exchange claims 6% of global remittances

Al Bawaba
September 14th, 2014 - 08:32 GMT

The counter-hypothetical: Malaysia airlines downing 'could have been avoided,' says Emirates

Since Dubai's 2009 financial crisis, Emaar's retailing business has benefited from a strong rebound in the emirate's economy on the back of a tourism and trade boom.
September 14th, 2014 - 08:24 GMT

Rebounding on shopping malls: Emaar expects to gain $1.58 billion from Gulf's biggest stock sale since 2008

Al Bawaba
September 14th, 2014 - 01:34 GMT

Skyrocketing: Dubai's inflation hits five year high

Al Bawaba
September 14th, 2014 - 03:55 GMT

Don't hold your breath: new iPhone 6 Plus pre-order shipments to be delayed by a month

Al Bawaba
September 14th, 2014 - 03:55 GMT

Less 'Made-in-China': China's factory output crumbles to six-year low

Al Bawaba
September 12th, 2014 - 07:09 GMT

No fun: Jordan raids facility producing 40% of Kingdom's pirated CD's, DVD's

Abdel Nour said the government has begun taking concrete steps to address the current energy crisis in Egypt.
September 11th, 2014 - 09:49 GMT

Rekindling the fire: Egypt to consult with IMF about venues for mutual cooperation

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