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Saudi Arabia’s inflation jumps 6.1 percent following VAT tax hike

Sunday, 16 August 2020

Saudi Arabia’s consumer price index jumped 6.1 percent in July compared with a year earlier, boosted ......

Saudi Arabia VAT tax triples to 15 pct on July 1: All you need to know amid COVID-19

Monday, 29 June 2020

Saudi Arabia will be tripling its value-added tax (VAT) rate on July 1, from 5 percent to 15 percent ......

Saudi Arabia inflation eases as VAT rate jump moves closer

Wednesday, 24 June 2020

Saudi Arabia’s consumer price index rose 1.1 percent in May from a year earlier, a smaller annual ......

Jobs, health priority in coronavirus spending cuts, VAT hike: Saudi Finance Minister

Monday, 11 May 2020

The health care and livelihood of the Saudi Arabian people are the main priorities for authorities, ......

Coronavirus: UAE delays due date for VAT payments

Tuesday, 21 April 2020

The United Arab Emirates tax authority said on Tuesday it was extending to May 28 the due date for ......

Saudi Arabia should consider raising VAT rate to 10 percent: IMF

Monday, 09 September 2019

The International Monetary Fund (IMF) has suggested in a report that Saudi Arabia should consider ......

GCC fiscal reform progress slow and uneven: Report

Friday, 09 August 2019

Most GCC states will continue to run fiscal deficits and accumulate debt despite policy measures ......

Should the Gulf countries ditch customs taxes?

Monday, 17 June 2019

Omar Al-Ubaydli is a researcher at Derasat, Bahrain. He tweets @omareconomics.

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Egypt’s top administrative court lifts ban on Uber, Careem services

Saturday, 23 February 2019

Egypt’s top administrative court on Saturday lifted a ban on operations by ride-hailing ......

Oman’s actual budget deficit 2.7 bln rials in 2018

Wednesday, 13 February 2019

Oman’s budget deficit was 2.7 billion rials ($7 billion) in 2018, less than projected because ......

IMF sees no credit crunch in Oman, advises speedy fiscal reforms

Tuesday, 12 February 2019

Oman is not facing a credit crunch but the Gulf Arab oil producer should speed up implementation of ......

Bahrain oil products to be excluded from VAT implementation

Tuesday, 25 December 2018

Bahrain will exclude oil products from a value-added tax (VAT) due to be implemented next year, part ......

Economy, VAT dominate discussions among voters in Bahrain’s local elections

Wednesday, 21 November 2018

As Bahrain gears to hold its fifth parliamentary and municipal elections, the impending ......

Bahrain’s parliament approves draft VAT law

Sunday, 07 October 2018

Bahraini legislators approved a draft law on Sunday that would see value-added tax (VAT) imposed for ......

UAE tourists to get VAT refund starting November

Wednesday, 12 September 2018

The United Arab Emirates will be refunding its 5% value added tax (VAT) on all goods and services to ......

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