Bahrain’s non-oil sector drives growth, transport and telecommunications growing at fastest rate
Government policy
Latest in Government policy
Sheikh Mohammed
UAE announces new Ministry of Investment
Sheikh Mohammed approves formation of new ministry to develop UAE investment vision
Taxation
UAE tax explained: 2023 payment deadlines, self-assessment dates, how to register
When do UAE companies need to pay the new corporate tax and what are the deadlines for self assessment?
Liz Truss
Moody’s blues: UK credit score outlook revised to negative
The outlook for the UK credit score was revised to negative by Moody’s Investors Service
Employment
UAE employment law: three-year limit on private sector contracts scrapped
New amendment insists contracts must be offered for a fixed term, but without previous cap
covid-19
What are the top 10 most transformational trends in the public sector?
Governments have a strong focus on being future-ready in the post-pandemic era, says a new report from consultancy firm Deloitte Global
Kuwait economy
Kuwait’s MPs ‘strongly refuse’ imposing taxes to address budget deficit
MPs affirmed the need to allow the oil sector to rely on other oil-related substances to create a multi-income sources
anti-money laundering
UAE Ministry of Economy reminds businesses to register in anti-money laundering system
Companies need to register in Financial Intelligence Unit or risk revocation of license or closure
Saudi economy
Saudi inflation still fuelled by VAT hike, central bank says
Consumer prices rose an annual 5.6 percent in the last three months of 2020
foreign portfolio investors
Why the UAE could emerge as the preferred destination for Indian investments
Indian government takes decision to reclassify the UAE, making it more attractive for foreign portfolio investors
GCC economic growth
PwC’s chief economist forecasts 3% growth in the Gulf in 2021
Richard Boxshall shares five themes characterising GCC economies in the year ahead