Business

UK Government Holds Off on Retaliation Over US 15 Percent Tariff

London: The British government has decided not to immediately pursue retaliatory actions against the United States following President Donald Trump’s announcement of a 15 percent tariff. This decision was confirmed by a source from 10 Downing Street.

GCC Chief Stresses Joint Gulf Action Toward Economic Unity

Riyadh: Secretary General of the Gulf Cooperation Council (GCC) Jasem Al-Budaiwi emphasised on Monday the importance of enhancing the journey of joint economic and developmental action among the Council states. Al-Budaiwi made these remarks during a m…

GCC Chief Stresses Joint Gulf Action Toward Economic Unity

Riyadh: Secretary General of the Gulf Cooperation Council (GCC) Jasem Al-Budaiwi emphasised on Monday the importance of enhancing the journey of joint economic and developmental action among the Council states. Al-Budaiwi made these remarks during a m…

Kuwait Issues Decree-Law to Regulate Digital Commerce Sector

Kuwait city: Decree-Law No. (10) of 2026 concerning the regulation of the digital commerce sector was officially issued, aligning with global transformation trends and aiming to balance innovation encouragement with consumer protection, transparency, …

EU Urges US to Uphold Trade Accord After Supreme Court Decision

Brussels: The European Commission on Sunday urged the United States to adhere to the commitments established in the joint statement between the two parties, in response to a recent ruling by the US Supreme Court concerning the International Emergency …