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PARIS: The global economy is now expected to expand by 5.6 percent this year down from an earlier forecast of 5.7 percent, the OECD said in its updated economic outlook.n

OECD warns Omicron variant threatens world economy
PARIS: Secretary General of the Organization for Economic Cooperation and Development (OECD) Mathias Cormann delivers an inaugural speech at the Organization for Economic Cooperation and Development's Ministerial Council Meeting in Paris.-AFPn

OECD hails 'major victory' as tax holdouts join reform
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OECD lowers global, US economic growth forecasts
PARIS: A total of 130 countries have agreed a global tax reform ensuring that multinationals pay their fair share wherever they operate, the OECD said, but some EU states refused to sign up.nn

Global tax deal backed by 130 nations
PARIS: Former Australian Finance Minister Mathias Cormann speaks during a handover ceremony during which he took on the role of Secretary-General of the Organization for Economic Co-operation and Development (OECD) at the OECD headquarters yesterday. - AFP n

Australia's Cormann takes over as head of OECD
DRESDEN, Germany: An employee of semiconductor manufacturer Bosch works in a clean room during preparations for the series production of semiconductor chips on innovative 300 mm wafers yesterday. — AFP

OECD sees higher world GDP growth but fears ‘headwinds’
CANBERRA: In this file photo taken on May 29, 2019 Australian Finance Minister senator Mathias Cormann signs a document during an oath-taking ceremony at Government House in Canberra. - AFPn

Australia's Cormann voted OECD head to dismay of green groups
Skyscrapers in Tokyo's Shinjuku area are seen during sunset on December 1, 2020. (Photo by Kazuhiro NOGI / AFP)

Economy back to pre-COVID level in 2021: OECD
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OECD: Global deal on taxing tech giants still beyond reach
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KUWAIT: HH the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah meets Indian Prime Minister Narendra Modi at the opening ceremony of Khaleeji Zain 26 at Sheikh Jaber International Stadium on Dec 21, 2024.
Modi on landmark visit to Kuwait, hails Indian expats’ contributions
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KUWAIT: HH the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah attends the inauguration ceremony of Khaleeji Zain 26, along with HH the Crown Prince Sheikh Sabah Al-Khaled Al-Hamad Al-Sabah, Indian Prime Minister Narendra Modi, FIFA President Gianni Infantino, HH the Prime Minister Sheikh Ahmad Al-Abdullah Al-Sabah, HH Sheikh Nasser Al-Mohammad Al-Sabah and senior sheikhs at Jaber Al-Ahmad International Stadium on Dec 21, 2024. - Amiri Diwan photos
Amir launches Khaleeji Zain 26
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KUWAIT: Healthcare professionals who were part of the medical team participating in the surgery in Kuwait pose for a group photo. — KUNA
Kuwaiti doctor performs region’s first remote robotic prostatectomy
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Kuwait's Deputy Prime Minister, Defense Minister, and Interior Minister Sheikh Fahad Al-Yousef Saud Al-Sabah (right) welcomes India's Prime Minister Narendra Modi (left) upon his arrival. — KUNA
Trade, commerce key pillars of strong Kuwait-India ties: Modi
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MAGDEBURG, Germany: German Chancellor Olaf Scholz speaks to the press during a visit to the site of a car-ramming attack on a Christmas market on Dec 21, 2024. - AFP
Deadly attack on German Xmas market