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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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Mohammad Al-Wasmi, Minister of Awqaf and Islamic Affairs.
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OPEC Secretary-General Haitham Al-Ghais.
OPEC to COP29: Oil gift from God
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Automak’s founding members, including Group President Hussam Fawzi Al-Kharafi and CEO Ghazi Al-Omar, along with ROX Motor’s representatives, CEO and Co-founder Yan Feng, and Vice President Wu Yue, during the launch ceremony.
Automak launches ROX Motor in Kuwait with all-new ROX01 model
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DOHA: Kuwait’s Minister of Interior Sheikh Fahad Yusuf Saud Al-Sabah speaks at the 41st meeting of the Interior Ministers of the Gulf Cooperation Council. — KUNA photos
Interior minister calls for uniting GCC security efforts
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TUNIS: President of Tunisia Kais Saied receives Kuwaiti Minister of Foreign Affairs Abdullah Al-Yahya. — KUNA
Tunisian president receives Kuwaiti foreign minister