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State of the Union, Gaza aid drop and foreign banks taxes in Dubai - Trending

State of the Union, Gaza aid drop and foreign banks taxes in Dubai - Trending

Episode 1074 Published 2 years, 6 months ago
Description

Thoraya Abdullahi gives a round-up of today’s trends.

On today’s episode, State of the Union is trending after US President Joe Biden used his speech to try to convince a sceptical American public that he deserves a second term in the White House.   Gaza aid drops continue as the UAE and Egypt send a further batch of humanitarian supplies to the besieged enclave in a joint operation. The countries have delivered a total of 169 tonnes of aid since the operation was launched.   UAE President Sheikh Mohamed has ordered the release of 735 prisoners for Ramadan this year.   Dubai, meanwhile, has issued a law mandating a 20 per cent annual tax on foreign banks operating within the emirate, with exceptions granted to those licensed within the Dubai International Financial Centre.
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