Taxes

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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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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.

Saudi Arabia’s and the UAE’s Quest for African Critical Minerals

Saudi and Emirati efforts to expand the countries’ presence in Africa’s critical mineral industry bring the potential for both economic collaboration and geopolitical tension with China.

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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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