Sunday, 11 May 2008

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Qatar to rein in home loans

Qatar to rein in home loans

Personal Finance
Gulf state considering tightening home financing in battle to control spiralling inflation, media reports.

UAE consumer loans climb 47%
Personal Finance
Lending touches $13.18bn in three months to March 31 as Gulf state mirrors US rates cuts.

Saudi minimum wage on cards
Personal Finance
Gov't studying minimum wage for some sectors where nationals are employed, labour minister says.

Consumers face cap on loans
Personal Finance
Stricter personal loan regulations required to prevent borrowers falling into debt, UAE gov't says.


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SPOT POLL

Are you concerned that the introduction of VAT will lead to higher prices, and the first step to personal taxation?

No, VAT is inevitable, and needed. It can also help in the lowering of inflation in the country
No, as long as VAT is used simply as a better system than customs duty, this should be relatively painless
Yes, tax is addictive for governments and once introduced there is only one way it will go - up
I'm leaving - tax is on the way, and that's not part of the bargain I made when I came here
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