US President Donald Trump; Iran President Masoud Pezeshkian Iranian media reported on Sunday that the United States “offered no tangible concessions” in its latest response to Tehran’s proposed agenda for negotiations aimed at ending the war that began with joint US-Israeli strikes on February 28 and has remained paused since April 28.“The United States, offering […]
(Source: California Post) An Iranian heiress has been accused of shielding millions of dollars in assets from her husband in a $200 million divorce battle, according to new court filings in California.Setareh “Star” Bral, the daughter of a late real estate tycoon said to have links to the former Shah of Iran. She is alleged […]
In an unprecedented move, the newly formed Balendra Shah government in Nepal has set up a five-member judicial panel to probe the assets of people who held public office from 2006 to the current fiscal year 2025-26, opening the widest scrutiny yet of the country’s post-monarchy political and bureaucratic elite.The move will bring under its […]
Explosions were heard across Iran’s capital before dawn Wednesday as the country’s escalating conflict with the United States and Israel entered a fifth day, marking one of the most intense periods of fighting in the region in decades. The latest blasts in Tehran followed days of sustained US-Israeli airstrikes on Iranian military and nuclear sites […]
Dubai’s new property resale rule 2026: What UAE residents and expats should know before participating Long known for its dynamism, transparency and global investor appeal, Dubai’s property market has taken another step toward modernisation and liquidity with the rollout of a new resale rule aimed at activating the secondary property market. This rule, part of […]
File photo: US President Donald Trump with Russian President Vladimir Putin (Picture credit: AP) US President Donald Trump has reacted cautiously but positively to Russian President Vladimir Putin’s suggestion that he could use frozen Russian assets to pay for entry into Trump’s proposed “Board of Peace”. Speaking to reporters aboard Air Force One while returning […]
New UAE Civil law transfers assets with no heirs to charity / Image: File If you’re an expat living in the UAE, you’ve likely spent years building a life here, saving in bank accounts, perhaps buying a dream apartment, or launching a business. But have you ever paused to wonder: “What actually happens to my […]
China on Friday announced sweeping countermeasures against 20 US defence-related companies and 10 senior executives, freezing their assets and banning business dealings in response to Washington’s approval of large-scale arms sales to Taiwan.The Chinese foreign ministry said the sanctions were imposed under China’s anti-foreign sanctions law and would take effect immediately. The move follows the […]
BRUSSELS: The European Union (EU) on Friday indefinitely froze Russia’s assets in Europe to ensure that Hungary and Slovakia, both with Moscow-friendly govts, can’t prevent the billions of euros from being used to support Ukraine. Using a special procedure meant for economic emergencies, the EU blocked the assets until Russia gives up its war on […]
Commercial banks in the GCC reached $3.5 trillion in assets, supported by a 9.6% increase in total deposits/ Image: WAM Commercial banks in Gulf Cooperation Council (GCC) countries closed 2024 with notable gains across all financial indicators. Backed by robust deposits, rising loan volumes, and sustained capital adequacy, the sector’s total assets reached $3.5 trillion. […]
