Trending Middle East brings you the latest social media and search trends from the region and around the world. Here are today's headlines.
Donald Trump is to select his top team in the coming days, as Kamala Harris vowed to help the Republican transition to power.
The president-elect is believed to be weighing up a return to office for key figures such as Mike Pompeo and bring in one-time foes including Marco Rubio. Right-wing figures such as Tom Cotton - who called for the military to be deployed against largely black anti-police protesters in 2020 - is tipped for a key post.
Tech tycoon Elon Musk and sports promoter Dana White are expected to be informal advisers rather than take office. Meanwhile, Ms Harris gave her concession speech at her alma mater.
The Republicans now control the presidency, House, Senate and dominate the Supreme Court. Arab Americans have mixed emotions after the Trump-Vance victory, recalling the sense of abandonment by Biden and Harris on the issue of Israel’s war in Gaza, and then in Lebanon. Some members of the community had voted for Trump. Many saw his win coming.
In Lebanon, residential areas of Beirut were rocked by Israeli bombs overnight. The strikes came hours after Israeli Prime Minister Benjamin Netanyahu and US president-elect Donald Trump spoke about the “Iranian threat”.
In the Bekaa Valley, 40 people were killed after bombings in the town of Baalbek.
Business Insights
- Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
- The introduction of tariffs could hinder the US's clean energy initiatives by raising input costs for materials like nickel
- US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
Business Insights
- As per the document, there are six filing options, including choosing to report on a realisation basis and transitional rules for pre-tax period gains or losses.
- SMEs with revenue below Dh3 million per annum can opt for transitional relief until 2026, treating them as having no taxable income.
- Larger entities have specific provisions for asset and liability movements, business restructuring, and handling foreign permanent establishments.
UAE currency: the story behind the money in your pockets
If you go
Where to stay: Courtyard by Marriott Titusville Kennedy Space Centre has unparalleled views of the Indian River. Alligators can be spotted from hotel room balconies, as can several rocket launch sites. The hotel also boasts cool space-themed decor.
When to go: Florida is best experienced during the winter months, from November to May, before the humidity kicks in.
How to get there: Emirates currently flies from Dubai to Orlando five times a week.
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Disclaimer
Director: Alfonso Cuaron
Stars: Cate Blanchett, Kevin Kline, Lesley Manville
Rating: 4/5
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Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
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