What role should women play in society, political, and business leadership is a question at the center of controversy in the conservative Arab states of the Gulf Cooperation Council (GCC) where religion, customs, and traditions strongly influence the role of gender in society. Yet there is a growing recognition that to develop the GCC states and overhaul their economies toRead more
The 14th Emirates International Conference on Obstetrics and Gynecology and Infertility will be held in Dubai tomorrow (Thursday) Under the theme "The Role of Genes in Gynecology", and that is under the patronage of His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance and Chairman of the Dubai Health Authority, Supported by SheikhRead more
With the onset of the New Year, a five per
cent levy on most goods and services was introduced in the UAE in the form
of Value-Added Tax (VAT). While marketers took advantage of this
opportunity to sell goods and services in abundance, customers had no idea
that a product or service purchased in 2017, but delivered in 2018 wasRead more
Value-added tax (VAT) will be implemented in Oman in 2019, the country has announced. Unconfirmed reports revealed that Kuwait might also follow suit.
Gulf Cooperation Council (GCC) countries are expected to start applying the five-percent VAT in the beginning of January 2018, as part of the Unified VAT Agreement for the Cooperation Council for the Arab States ofRead more
Yemeni President Abd-Rabbu Mansour Hadi said the military operations will not stop until all the Yemeni territories are liberated from Houthi rebel militants.
In a meeting with ambassadors of the G19 supporting Yemen, attended by GCC Secretary-General Abdulatif al-Zayani, Hadi said no dialogue or consultations can be held unless they are based on the three relevant terms of reference,Read more
More than six months into the isolation of Qatar by its neighbours in the Gulf Cooperation Council (GCC), the small oil-and gas-rich Arab country is swimming in troubled economic waters, but not without buoys.
Having the richest gas reserve in the world, a major share in the global liquefied natural gas (LNG) market and armed with huge foreign exchangeRead more
Gulf banks are expected to benefit from an uptick in the regional economy next year, according to Moody’s.
The credit ratings agency said the outlook for GCC banks was stable — reflecting strong financial fundamentals, particularly in the largest banking systems.
Still, fiscal and geopolitical challenges remain for some economies in the Gulf, it said in a report released onRead more
In an endeavour to help businesses in the UAE comply with VAT regulations, Tally Solutions, a leading international compliance software provider will offer improved insights, data alignment, efficiencies and transparency to enterprises in the UAE.
Tally Solutions is well established in the region and is used by 40,000 satisfied clients across GCC. The company offers a complete business suite, fromRead more
Saudi King Salman on Tuesday sent his foreign minister to lead the kingdom's delegation to a Gulf summit in Kuwait attended by the ruler of rival Qatar, official media reported.
State television showed Kuwaiti Emir Sheikh Sabah al-Ahmad Al-Sabah receiving Saudi Arabia's top diplomat Adel al-Jubeir at the airport as the head of the kingdom's delegation.
The summit comes sixRead more