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		<title>Everyone&#8217;s internet will be shut down if&#8230; Big danger looms amid firing in Hormuz, will there be a data war?</title>
		<link>https://fastnewsglobe.com/everyones-internet-will-be-shut-down-if-big-danger-looms-amid-firing-in-hormuz-will-there-be-a-data-war/</link>
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		<pubDate>Thu, 23 Apr 2026 10:06:11 +0000</pubDate>
				<category><![CDATA[World News]]></category>
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					<description><![CDATA[<p>The war between Iran and America continues in the Middle East. During this time, such...</p>
<p>The post <a href="https://fastnewsglobe.com/everyones-internet-will-be-shut-down-if-big-danger-looms-amid-firing-in-hormuz-will-there-be-a-data-war/">Everyone&#8217;s internet will be shut down if&#8230; Big danger looms amid firing in Hormuz, will there be a data war?</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;">The war between Iran and America continues in the Middle East. During this time, such a news has come out, which can worry the whole world. The Islamic Revolutionary Guard Corps (IRGC) has issued a warning regarding internet cables, according to which digital infrastructure in the Persian Gulf can be targeted. According to the report of Iranian Tasnim News Agency, till now the Strait was considered an important route for oil and ships, but now the danger is linked to the Internet cables laid under the sea. The undersea data cables present in the Strait of Hormuz are very sensitive and any disruption in them can have a major impact on the internet service of the entire area. If several cables are damaged simultaneously, whether accidentally or intentionally, a large-scale internet shutdown in the Persian Gulf could occur.</p>
<p style="text-align: justify;">The Strait of Hormuz is important not only for oil but also for digital connectivity. Many large submarine cable systems like FALCON, AAE-1, TGN-Gulf and SEA-ME-WE pass through or around this route. These cables run internet, banking, cloud services and communication in Gulf countries. The problem is that all these cables are present in the same narrow area, which further increases the risk. According to the report, countries like UAE, Qatar, Bahrain, Kuwait and Saudi Arabia are heavily dependent on these cables and any disruption can have an immediate impact on these countries.</p>
<p><iframe title="US Iran War Breaking News: ईरानी नेताओं में आपसी मतभेद बढ़ा | Trump | IRGC |" width="640" height="360" src="https://www.youtube.com/embed/ATKP3My5e-U?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></p>
<p><strong>Also read: </strong><strong>President Trump said good news, peace talks can be held with Iran on Friday, know Tehran&#8217;s answer</strong></p>
<p><strong>Threat related to Strait of Hormuz</strong></p>
<p style="text-align: justify;">The threat related to the Strait of Hormuz is not just a guess, but such cases have already come to light. In 2024 and 2025, many undersea cables in the Red Sea were damaged, due to which internet speeds slowed down and services were affected in many places. It took months to repair these cables because it was not easy to work in that area. Earlier incidents of targeting of such structures by Yemen-backed Houthi rebels have also come to light, which has further increased the fear that internet cables may also become part of a bigger war in the future. Experts believe that this report of Tasneem is not only giving information, but is also giving an indication as to how important and sensitive these cables are. Cable routes, landing stations and data centers have been mentioned in the report, which shows that the impact of any disruption at these places can be huge.</p>
<p style="text-align: justify;"><strong>Big data center present in Gulf countries</strong></p>
<p style="text-align: justify;">In Gulf countries, especially UAE and Bahrain, data centers and cloud infrastructure are concentrated at one place, due to which the impact of any outage can be further increased. Recently it was also reported that in Iranian drone attacks, some targets in UAE and Bahrain were targeted which were connected to Amazon Web Services. Although complete information has not been revealed, it becomes clear that now digital infrastructure is also becoming a part of war. It is very difficult to protect cables under the sea. If there is even a slight loss in these, it can have a big impact on data traffic, the banking system can slow down and communication between countries can be disrupted. There is no major threat at present, but this warning has drawn attention to the infrastructure which is not visible, but is extremely important for everyday life and the entire economy.</p>
<p><strong>Also read: </strong><strong>Why did Donald Trump say thank you to Iran before talks in Pakistan? Said- You are the President of America&#8230; </strong></p>
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<p><a href="https://www.abplive.com/news/world/iran-us-war-threatened-undersea-internet-cables-laid-beneath-strait-of-hormuz-impacting-connectivity-in-gulf-3119048" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/everyones-internet-will-be-shut-down-if-big-danger-looms-amid-firing-in-hormuz-will-there-be-a-data-war/">Everyone&#8217;s internet will be shut down if&#8230; Big danger looms amid firing in Hormuz, will there be a data war?</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>From UAE to Israel&#8230;, Iranian missiles and drones caused devastation in these 9 countries, see the complete list.</title>
		<link>https://fastnewsglobe.com/from-uae-to-israel-iranian-missiles-and-drones-caused-devastation-in-these-9-countries-see-the-complete-list/</link>
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		<pubDate>Mon, 02 Mar 2026 06:40:57 +0000</pubDate>
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					<description><![CDATA[<p>US-Israel Iran War: America and Israel on Saturday targeted Iran&#8217;s supreme leader Ayatollah Ali Khamenei,...</p>
<p>The post <a href="https://fastnewsglobe.com/from-uae-to-israel-iranian-missiles-and-drones-caused-devastation-in-these-9-countries-see-the-complete-list/">From UAE to Israel&#8230;, Iranian missiles and drones caused devastation in these 9 countries, see the complete list.</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
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<p class="abp-live-blog-title"><strong>US-Israel Iran War: </strong>America and Israel on Saturday targeted Iran&#8217;s supreme leader Ayatollah Ali Khamenei, in which he was killed. Since then, Iran has targeted many Gulf countries. Many American military bases were targeted in these attacks. So let us know which countries Iran is continuously targeting:</p>
<p><strong>Attack in United Arab Emirates (UAE)<br /></strong><br />On Sunday, the UAE Defense Ministry said that so far 165 ballistic and two cruise missiles and 541 drones have been launched from Iran. Most of the missiles were intercepted by air defence, but falling debris caused damage to civilian areas in several emirates. The ministry said that three people were killed. One person died and seven were injured at the international airport due to debris from a drone intercepted in Abdabi. Debris from the downed drone also caused damage to the Etihad Towers complex, which houses the Israeli embassy, ​​and caused minor injuries to a woman and her child. Two people were injured in Dubai when Iranian drone debris damaged two houses. Drone debris caused a fire at the luxury hotel Burj Al Arab and injured four people at Dubai International Airport.</p>
<p><strong>attack in oman<br /></strong><br />On Sunday, a drone hit Oman&#8217;s Duqm port, injuring a foreign worker. This port is used as a logistics hub by the US Navy. Three commercial ships were attacked around the Strait of Hormuz. A ship caught fire and four sailors on an oil tanker were injured, according to the UK Maritime Trade Operations Centre.</p>
<p><strong>attack in qatar<br /></strong><br />Qatar&#8217;s Interior Ministry said at least 16 people were injured. Qatar&#8217;s Defense Ministry said that 18 ballistic missiles were intercepted targeting the American air base spread in the country.</p>
<p><strong>attack in bahrain<br /></strong><br />Bahrain said a missile was targeting the headquarters of the US Navy&#8217;s 5th Fleet, causing damage to three buildings in Mana Ma and Muharraq city. The ministry said that 45 missiles and 9 drones were stopped. The Crowne Plaza Hotel also suffered damage, but there were no injuries.</p>
<p><strong>attack in kuwait<br /></strong><br />Kuwait&#8217;s Defense Ministry said that Iran fired 97 ballistic missiles and 283 drones. One person died and more than 30 people were injured. There was limited damage in some areas due to falling of shells during interception. Drones also hit the main international airport, injuring nine employees.</p>
<p><strong>attack in saudi arabia<br /></strong><br />The Saudi Foreign Ministry confirmed that Iranian attacks on Riyadh and the eastern region were successfully intercepted. The missiles were aimed towards Riyadh International Airport and Prince Sultan Air Base.</p>
<p><strong>attacks in jordan and iraq<br /></strong><br />Jordan said it intercepted 49 drones and ballistic missiles. Iranian drone hits international airport in Iraq, which also houses a US military base. Four members of an Iran-backed militia were killed in Diyala province.</p>
<p><strong> attack in israel<br /></strong><br />At least nine people were killed and 28 injured when buildings collapsed following the Iranian attack in the city of Beit Shemesh.  Israeli emergency services are still searching for people trapped under the debris.</p>
<p><strong>attack in syria<br /></strong><br />Four people were killed and others injured in an Iranian missile attack on As Sweida city in southern Syria. This series of attacks and counter-attacks has had a serious impact on civilians and military targets in many countries in the Gulf region and the Middle East, increasing security and political tensions.</p>
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<p><a href="https://www.abplive.com/news/world/iran-retaliatory-attacks-us-israel-missiles-drones-gulf-civilian-impact-3096361" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/from-uae-to-israel-iranian-missiles-and-drones-caused-devastation-in-these-9-countries-see-the-complete-list/">From UAE to Israel&#8230;, Iranian missiles and drones caused devastation in these 9 countries, see the complete list.</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>AI, Cyber, Green-Tech: Future Alliance with Israel Money Live &#124; AI, Cyber, Green-Tech: Future Alliance with Israel</title>
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		<pubDate>Thu, 26 Feb 2026 07:21:33 +0000</pubDate>
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					<description><![CDATA[<p>PM Narendra Modi&#8217;s Israel visit (Feb 25–26, 2026) is not just a diplomatic photo-op, but...</p>
<p>The post <a href="https://fastnewsglobe.com/ai-cyber-green-tech-future-alliance-with-israel-money-live-ai-cyber-green-tech-future-alliance-with-israel/">AI, Cyber, Green-Tech: Future Alliance with Israel Money Live | AI, Cyber, Green-Tech: Future Alliance with Israel</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p>PM Narendra Modi&#8217;s Israel visit (Feb 25–26, 2026) is not just a diplomatic photo-op, but a signal of India&#8217;s confident “de-hyphenated” foreign policy. India–Israel FTA negotiations have started this week. Currently the trade is ~$3.6 billion, but the focus will be on high-tech, electronics and medical devices. Let us tell you that Indian MSMEs can benefit from this. Faster access to Europe is possible with the IMEC corridor and the Adani-led Haifa Port deal. In Defence, HAL and Israel Aerospace Industries are working on tanker aircraft project. Also AI, cyber and green-tech collaboration can increase. Challenge Gulf balance will have to be maintained.                 </p>
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<p><a href="https://www.abplive.com/videos/business/ai-3094625" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/ai-cyber-green-tech-future-alliance-with-israel-money-live-ai-cyber-green-tech-future-alliance-with-israel/">AI, Cyber, Green-Tech: Future Alliance with Israel Money Live | AI, Cyber, Green-Tech: Future Alliance with Israel</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>Sound of war between America and Iran! Defense systems deployed in Gulf countries, why do sirens sound in the Middle East?</title>
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		<pubDate>Sun, 01 Feb 2026 18:54:43 +0000</pubDate>
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					<description><![CDATA[<p>Sounds of war between America and Iran have started being heard in the Gulf countries....</p>
<p>The post <a href="https://fastnewsglobe.com/sound-of-war-between-america-and-iran-defense-systems-deployed-in-gulf-countries-why-do-sirens-sound-in-the-middle-east/">Sound of war between America and Iran! Defense systems deployed in Gulf countries, why do sirens sound in the Middle East?</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;">Sounds of war between America and Iran have started being heard in the Gulf countries. Many reasons for this have come to light. The first reason is that anti-rocket systems have been activated in Israel and Gulf countries. Now due to the deployment of air defense system, it is believed that there are preparations to attack Iran. Also, air defense system has been activated to take retaliatory action and deal with it. </p>
<p style="text-align: justify;">The second biggest rumor that has been seen amid the war crisis is that the Emergency Public War Alarm System was tested in the Gulf countries Kuwait and Bahrain on Sunday. These people have been observed as a precautionary measure to take shelter at a safe place after the alarm is sounded. </p>
<p style="text-align: justify;">Iran Army Chief has told his commanders that if America or Israel destroys their central command control system and communication, then he will not wait for any order. They will directly attack the tasks given to them. Apart from this, there is news that Iran has sounded war sirens in the entire country. </p>
<p style="text-align: justify;"><strong>Siren-alarm test conducted in Kuwait</strong><br />Here, to deal with the war situation in Kuwait, a siren/alarm test has been done at 12 noon on Sunday. Earlier, the Home Ministry had said that due to overlap with the official flag hosting ceremony, the siren schedule trial operation was rescheduled between 10 am and 12 noon. The ministry had posted on Twitter that testing would be done immediately after the ceremony. </p>
<p style="text-align: justify;"><strong>Fear of war between Iran and America due to deployment of THAAD</strong> <br />According to the Sunday Guardian report, America has deployed new Patriot and THAAD air defense systems at military bases in the Middle East to protect its soldiers from Iranian attacks. This was announced by US officials on January 26, 2026. The internal situation in Iran is not good. For this reason America is carrying out the operation. The economic situation there is at its lowest level since 1979. President Donald Trump is working on many options. These also include military attacks.</p>
<p style="text-align: justify;">According to the Sunday Guardian, Thaad has strengthened American missile defense in the Gulf. USS Abraham Link Carrier Strike Group has been sent to the Gulf of Oman. F-15E fighter jets and bombers are prepared for war at the military base in Al Udeed, Qatar. Through C-17A transport aircraft, equipment was delivered to two places within three days, Ali Al Salem Base in Kuwait and Prince Sultan Base in Saudi Arabia. This defense system uses two defense systems to protect against missile attacks by Iran. It combines THAAD long range interception capabilities with the Patriot PAC-3 defense system. </p>
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<p><a href="https://www.abplive.com/news/world/iran-and-america-war-tension-defence-system-deployed-gulf-countries-sound-war-sirens-middle-east-3083067" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/sound-of-war-between-america-and-iran-defense-systems-deployed-in-gulf-countries-why-do-sirens-sound-in-the-middle-east/">Sound of war between America and Iran! Defense systems deployed in Gulf countries, why do sirens sound in the Middle East?</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>Saudi And UAE Relations: &#8216;Both have dominance in the Middle East&#8230;&#8217;, how two Muslim countries became enemies of each other, know the whole story</title>
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		<pubDate>Wed, 31 Dec 2025 07:09:28 +0000</pubDate>
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					<description><![CDATA[<p>Show Quick Read Key points generated by AI, verified by newsroom Saudi Arabia and UAE...</p>
<p>The post <a href="https://fastnewsglobe.com/saudi-and-uae-relations-both-have-dominance-in-the-middle-east-how-two-muslim-countries-became-enemies-of-each-other-know-the-whole-story/">Saudi And UAE Relations: &#8216;Both have dominance in the Middle East&#8230;&#8217;, how two Muslim countries became enemies of each other, know the whole story</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;">Saudi Arabia and UAE (United Arab Emirates) have been dominant in the Gulf countries since the beginning. These two Sunni Muslim majority countries have a huge stature in the entire Middle East. Both these countries have been each other&#8217;s closest and most trusted partners for a long time. But today the situation has changed and now both of them seem to be becoming enemies of each other. There is tension going on between these two countries on the issue of Yemen. </p>
<p style="text-align: justify;"><strong>what is the latest incident</strong><br />These two countries are fighting among themselves on the soil of Yemen. On Tuesday (December 30), Saudi Arabia carried out an airstrike on an arms consignment belonging to the UAE in Yemen. Saudi army bombed Yemen&#8217;s southern port city of Mukalla. The situation has become so severe that the Saudi-backed government of Yemen has given the UAE army an ultimatum of 24 hours to leave the country. After this UAE also withdrew its army. The UAE Defense Ministry has issued a statement saying that it will also end its remaining military presence in Yemen. </p>
<p style="text-align: justify;"><strong>Saudi and UAE friendship</strong><br />Ever since UAE came into existence, Saudi Arabia has been its supporter. Let us tell you that both these countries are Sunni Muslim majority and have monarchical system and the economy of both is dependent on oil. The friendship between the two countries has remained very strong due to the concern over Iran&#8217;s growing influence in the Gulf. The friendship between the two countries was at its peak in the early 2010s. Saudi Crown Prince Mohammed bin Salman (MBS) and UAE Ruler Mohammed bin Zayed (MBZ) remained united against Islamic fundamentalism and Iran. In 2011, the United Arab Emirates and the UAE formed a united front against Islamic movements. Sent joint forces to suppress the rebellion in Bahrain and played an important role in the military ouster of the Muslim Brotherhood government in Egypt in 2013.</p>
<p style="text-align: justify;"><strong>how relationships deteriorated</strong><br />On December 30, 2025, the Saudi Arabia-led coalition carried out an airstrike on Yemen&#8217;s southern port Mukalla. Saudi Arabia claims they targeted a dock that was being used to deliver foreign military aid to UAE-backed separatists. Saudi clearly said that this attack was carried out on an arms consignment belonging to UAE. The UAE rejected Saudi Arabia&#8217;s claims and said that the consignment that was attacked did not contain any weapons, but was supplies and equipment for the UAE army. </p>
<p style="text-align: justify;"><strong>real reason for enmity</strong><br />Both the countries now want to move ahead with the oil economy. UAE&#8217;s vision started before 2021 (since 2008). He made his city Dubai a global hub. Saudi&#8217;s Vision 2030 is now challenging the UAE. Saudi&#8217;s Neom City, Riyadh Air, Jeddah Port are now about to become global hubs. From the year 2021, Saudi has imposed restrictions on imports from UAE free zones. There is a competition between Mohammed bin Salman and Mohammed bin Zayed to become the leader of the Gulf countries. Let us tell you that UAE supports the southern separatists in Yemen and the Saudi government. Whereas in Sudan, UAE is with RSF while Saudi is with SAF. Even in Libya and Egypt, both support different groups.</p>
<p style="text-align: justify;"><strong>read this also</strong></p>
<p style="text-align: justify;"><strong>There will be no delivery on Swiggy, Zomato, Zepto and Blinkit today, how will the New Year be celebrated, this is the big reason</strong></p>
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<p><a href="https://www.abplive.com/news/world/saudi-arabia-and-uae-become-enemy-over-yemen-mohammed-bin-salman-and-mohammed-bin-zayed-3067071" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/saudi-and-uae-relations-both-have-dominance-in-the-middle-east-how-two-muslim-countries-became-enemies-of-each-other-know-the-whole-story/">Saudi And UAE Relations: &#8216;Both have dominance in the Middle East&#8230;&#8217;, how two Muslim countries became enemies of each other, know the whole story</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>Gulf Cooperation Council: You will be able to roam in 6 countries including Saudi, UAE and Kuwait with 1 visa! Rules will be implemented soon, Indians benefit big</title>
		<link>https://fastnewsglobe.com/gulf-cooperation-council-you-will-be-able-to-roam-in-6-countries-including-saudi-uae-and-kuwait-with-1-visa-rules-will-be-implemented-soon-indians-benefit-big/</link>
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		<pubDate>Mon, 06 Oct 2025 09:58:08 +0000</pubDate>
				<category><![CDATA[World News]]></category>
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		<guid isPermaLink="false">https://fastnewsglobe.com/gulf-cooperation-council-you-will-be-able-to-roam-in-6-countries-including-saudi-uae-and-kuwait-with-1-visa-rules-will-be-implemented-soon-indians-benefit-big/</guid>

					<description><![CDATA[<p>Like the Schengen Visa System of Europe, all the 6 countries of the Gulf Cooperation...</p>
<p>The post <a href="https://fastnewsglobe.com/gulf-cooperation-council-you-will-be-able-to-roam-in-6-countries-including-saudi-uae-and-kuwait-with-1-visa-rules-will-be-implemented-soon-indians-benefit-big/">Gulf Cooperation Council: You will be able to roam in 6 countries including Saudi, UAE and Kuwait with 1 visa! Rules will be implemented soon, Indians benefit big</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;">Like the Schengen Visa System of Europe, all the 6 countries of the Gulf Cooperation Council (GCC) will soon be traveled with a visa. GCC is going to start testing single integrated tourist visa this year. After this, there will be no need to take separate visas to roam in Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE). </p>
<p style="text-align: justify;">Indians will directly benefit the single integrated tourist visa, as a large number of people from India go to these countries of Arabs for employment and tourism. Abdullah bin Tauk al Marri, the UAE economy minister and president of the Emirates Tourism Council, confirmed this pilot project during World Tourism Day 2025.</p>
<p style="text-align: justify;"><strong>&#8216;Pilot will be fully implemented after phase&#8217;</strong><br />In an interview to UAE&#8217;s news agency WAM, Al Marri said that this visa system will be fully implemented after the pilot phase. It is being called GCC Grand Tourist Visa. The official launch date of this visa has not been announced yet. The integrated GCC tourist visa YajiCC Grand Tourist Visa is based on Europe&#8217;s Schengen visa system, which allows travelers to move freely in many countries using the same permit. </p>
<p style="text-align: justify;"><strong>You will get rid of repeated paperwork </strong><br />The UAE government says that this visa is a strategic step towards regional integration. It will increase collective attraction as a single tourist destination of the Gulf region. The countries of GCC have made this policy change at a time when they are trying to expand tourism and infrastructure. The integrated visa will eliminate frequent paperwork and many applications. </p>
<p style="text-align: justify;">Abdullah bin Tauk al Marri has said that the integrated visa has received formal approval. Hopefully it will be implemented soon. Although no fixed date for its complete implementation has been given yet, the authorities have consistently indicated that it is expected to start soon.</p>
<p style="text-align: justify;"><strong>Also read </strong></p>
<p style="text-align: justify;"><strong>In the Supreme Court, the lawyer tried to throw a shoe towards the bench, CJI Gawai said- I am with such things &#8230;</strong></p>
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<p><a href="https://www.abplive.com/news/world/europe-schengen-visa-system-implemented-in-gulf-countries-saudi-arabia-uae-bahrain-oman-qatar-and-kuwait-indians-get-benefit-3024231" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/gulf-cooperation-council-you-will-be-able-to-roam-in-6-countries-including-saudi-uae-and-kuwait-with-1-visa-rules-will-be-implemented-soon-indians-benefit-big/">Gulf Cooperation Council: You will be able to roam in 6 countries including Saudi, UAE and Kuwait with 1 visa! Rules will be implemented soon, Indians benefit big</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>Iran NeighBour Oman Decides to Implement Income Tax Law Than Never Haappen in Middle East</title>
		<link>https://fastnewsglobe.com/iran-neighbour-oman-decides-to-implement-income-tax-law-than-never-haappen-in-middle-east/</link>
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		<pubDate>Tue, 24 Jun 2025 01:27:33 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[5 Percentage Income Tax Oman]]></category>
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					<description><![CDATA[<p>In order to prevent Iran from being rich, its important nuclear installations were attacked by...</p>
<p>The post <a href="https://fastnewsglobe.com/iran-neighbour-oman-decides-to-implement-income-tax-law-than-never-haappen-in-middle-east/">Iran NeighBour Oman Decides to Implement Income Tax Law Than Never Haappen in Middle East</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<p style="text-align: justify;">In order to prevent Iran from being rich, its important nuclear installations were attacked by Israel. After this, there is a tremendous tension in the Middle East due to the landing of America in the war. As a counter -step step from Iran, the US air base and Israel are being hit strongly. Amidst all this, the neighboring country of Iran has announced that, as has never happened in the middle East. Till date, no country of Middle East has ever taken any such step, whether it should do Iran, Iraq, Saudi Arabia or UAE. In such a situation, let us tell which country of the Gulf and what he has announced.</p>
<p style="text-align: justify;"><strong>What happened?</strong></p>
<p style="text-align: justify;">Actually, Oman is a neighbor of Iran. He has decided to implement the Income Tax Act here, which will become the first country in the Middle East to do the same country in the Middle East. Oman&#8217;s economy minister Saeed bin Mohammad Al Sakri says that its aim is to gradually reduce the dependency above the oil income, preserving social expenses. Quoting the government Omani agency, Bloomberg has stated in its report that 42,000 riyals i.e. $ 1,09,000 or more will be applicable to annual income. After the implementation of this Income Tax Act, the top one percent income will be affected.</p>
<p style="text-align: justify;"><strong>What will be the benefit?</strong></p>
<p style="text-align: justify;">Compared to other Gulf countries, Oman is now taking steps to gradually reduce its dependence on oil from oil. Regarding this, Monica Malik, the chief economist of Abu Dhabi Commercial Bank, while talking to Bloomberg said that its scope is limited, despite this it will prove to be an important financial development step.</p>
<p style="text-align: justify;">According to Monica Malik, Oman&#8217;s income tax may prove to be helpful for other GCC countries in future income tax. It is worth noting that this is an important step of Oman in the direction of reforms in the Gulf countries because no member of the Gulf Cooperation Council of 6 countries ie GCC imposes income tax. In such a situation, this sector has attracted high salary and foreign labor for work. In such a situation, this decision is considered very important.</p>
<p style="text-align: justify;">Also read: Goldman Sachs warning between Israel-Iran War, the whole world will yearn for oil</p>
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<p><a href="https://www.abplive.com/business/iran-neighbour-oman-decides-to-implement-income-tax-law-than-never-happen-in-middle-east-2967526" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/iran-neighbour-oman-decides-to-implement-income-tax-law-than-never-haappen-in-middle-east/">Iran NeighBour Oman Decides to Implement Income Tax Law Than Never Haappen in Middle East</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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