TAGS

UAE Cabinet approves VAT refund for tourists

Wednesday, 11 July 2018

The UAE Cabinet has adopted a decision to implement the Value Added Tax refund system for tourists, ......

Kuwait to postpone VAT implementation to 2021, says parliament committee

Tuesday, 15 May 2018

Kuwait will not implement value-added tax before 2021 but will push ahead with introducing excise ......

Bahrain EDB chief says country to expect VAT implementation in 2019

Wednesday, 09 May 2018

Manama - The CEO of the Bahrain Economic Development Board, Khalid al-Rumaihi, confirmed to Al ......

UAE vendors hope for tax relief on gold following drop in sales

Thursday, 19 April 2018

Following a plummet in gold jewelry sales in the UAE by almost 50 percent, jewelry vendors are ......

Dubai freezes government fees for three years

Monday, 05 March 2018

Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum, has issued an order to freeze Dubai Government ......

No plans to raise VAT in the UAE for the next 5 years, minister says

Sunday, 11 February 2018

The UAE has no plans to raise the rate of value-added tax (VAT) in the near future, according to ......

Saudi Arabia issues 7 new VAT guidelines to support registered companies

Sunday, 04 February 2018

The Saudi General Authority of Zakat and Tax (GAZT) has issued seven guidelines for various sectors ......

Getting into the saving habit in the Gulf

Thursday, 01 February 2018

Dr. Mohamed A. Ramady is Senior Advisor with Partner Energy, and former Visiting Associate Professor, Finance and Economics, at King Fahd University of Petroleum and Minerals , Saudi Arabia. He specializes on middle east energy policy, the Saudi Economy, OPEC, GCC regional geo -political risk assessment and has authored many books such as “The Saudi Arabian Economy: Policies, Achievements and Challenges”, “GCC Economies: Stepping up to Future Challenges”, “Economic, Political and Financial Country Risk: An analysis of the GCC countries” . In 2015 he completed several books on “OPEC in a shale oil world : where to next ?”; “The Rentier Theory Revisited”; and “The Political Economy of Social Capital” .

Dr Ramady has held senior level positions for more than 28 years in banking, finance and investment, as a Vice President with Citibank where he was posted in Europe and the Middle East and seconded to the Saudi American Bank as well as with First City Texas Bank, Qatar National Bank, and Qatar International Islamic Bank. Dr Ramady obtained his BA and PhD in Economics, at the University of Leicester, UK, a Postgraduate Masters Degree in Economic Development, University of Glasgow, UK. He is a Fellow of the Chartered Institute of Bankers, UK .

...

Saudi royal handouts to cost about $13 billion, minister says

Sunday, 07 January 2018

A package of handouts to Saudi citizens to compensate them for cost of living increases will cost ......

Saudi Arabia, UAE introduce VAT in first for Gulf

Monday, 01 January 2018

Saudi Arabia and the United Arab Emirates introduced value-added tax from Monday, a first for the ......

Oman postpones VAT introduction until 2019

Tuesday, 26 December 2017

Oman will delay the introduction of a 5 percent value-added tax until 2019 instead of introducing it ......

How will Saudi Arabia’s non-oil revenues be generated in 2018?

Tuesday, 19 December 2017

The Saudi budget data released by the Ministry of Finance showed a steady improvement in the ......

Saudi Arabia estimates revenue of SR85 billion from Goods and Services Tax

Tuesday, 19 December 2017

The Ministry of Finance in Saudi Arabia said that they expect to make a revenue of SR85 billion once ......

Dubai threatens price gougers with fines before VAT introduction

Sunday, 10 December 2017

Dubai warned retailers on Sunday that they would face fines if they tried to use next month’s ......

Saudi Arabia to impose 5 percent VAT on gasoline from 2018

Sunday, 19 November 2017

The Saudi General Authority for Zakat and Income (GAZI) said the government will impose a 5% Value ......

Top