The Bread-and-Butter Issues of Jobs and Taxes in the Gulf
As Gulf governments accelerate domestic development agendas, local job creation and tax revenue are measurable indicators of successful economic policymaking.
As Gulf governments accelerate domestic development agendas, local job creation and tax revenue are measurable indicators of successful economic policymaking.
Rather than addressing deficiencies in social services, Iran is intensely focused on the military and security fields in developing its knowledge-based sector.
Positive developments in four indicators during 2024 – the female labor force participation rate, tourist arrivals, foreign direct investment inflows, and student educational attainment – will give confidence that the bold diversification plans underway in Saudi Arabia are on track.
While Singapore has traditionally been seen as a model for the United Arab Emirates, Norway, with its unique approach to economic management and environmental sustainability, is increasingly cited as an inspiration.
The longer-term desirability of Neom’s destinations depends largely on the fast-changing domestic environment within Saudi Arabia, yet a tough regional neighborhood will keep Saudi planners on their toes.
The combination of slowing growth trends and persistently ambitious development plans is likely to increase regional economic competition.
Saudi and Emirati leaders hope smart cities will be the key to advancing their countries’ global status in smart technology and sustainability while also developing the means to diversify their economies away from oil.
It is difficult to reconcile Saudi Arabia’s vision for sustainability with The Mukaab in its current form – but it’s not too late for a course correction.
Amid a global financial slump, government reforms in the Gulf Arab states have helped stock markets achieve a remarkable boost in market capitalization.
Proposed Russian investments may come in handy as Iran attempts to develop its gas infrastructure, but international sanctions and geopolitics pose major problems.
Learn MoreThrough its careful examination of the forces shaping the evolution of Gulf societies and the new generation of emerging leaders, AGSIW facilitates a richer understanding of the role the countries in this key geostrategic region can be expected to play in the 21st century.
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