UAE Advances Tax Reform, But Not Too Quickly
With the announcement of a new corporate tax, Emirati officials aim to demonstrate fiscal strength without disrupting the country’s image as an investment hub.
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VAT Hike in Bahrain Points to Fiscal Challenges, Unattractive Choices Government Faced
Even though an increase in the VAT seems the most viable option, higher levels of public buy-in could be secured through greater transparency in fiscal policy.
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Oman’s VAT Implementation Is Necessary and Not Enough
If Omanis aren’t ready to shoulder a 5% VAT, then they have a long, bumpy economic road ahead of them.
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Value-Added Tax in Gulf Arab States: Balancing Domestic, Regional, and International Interests
Despite beginning as a regional policy, the VAT in the Gulf is becoming an increasingly country-focused initiative.
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New UAE Investment Laws Pose Challenge to Free Zones
Government efforts to legalize full foreign ownership in specific sectors aim to significantly boost inward foreign investments. However, the commercial reform threatens to disrupt the long-standing economic institutions and commercial incentives associated with free zones.
For the OPEC+ Oil Producers, a Year of Caution Paid Off
As 2024 comes to a close, oil markets remain under a cloud of uncertainty shaped by geopolitical risks, weaker-than-expected Chinese demand, and an evolving energy transition landscape.
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Through 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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