Amid a backdrop of recovering commodity prices and stronger economic growth, in mid-May Kuwait decided to postpone introduction of value-added tax (VAT) until 2021, although it still intends to implement an excise tax as scheduled.
The Middle East Economy
Displaying 121 - 126 of 355
Economic update | Investment in Saudi Arabia’s entertainment industry to catalyse sector growth
21 May 2018
Saudi Arabia’s debut at the Cannes Film Festival, coupled with moves to expand the number of cinemas and promote local filmmaking, is expected to support the Kingdom’s efforts to double the entertainment sector’s GDP contribution.
Economic update | SMEs set for growing role as Qatar looks towards private sector diversification
15 May 2018
Small and medium-sized enterprises (SMEs) could be set for a much more prominent role in Qatar, with the government stepping up efforts to collaborate with local companies as part of broader diversification plans.
Economic update | Expanding Latin America-Dubai trade
16 Apr 2018
Dubai is making moves to strengthen and diversify trade ties with Latin America, investing in infrastructure to facilitate investment in high-potential sectors.
Economic update | SME accelerator initiative to support Bahrain’s diversification strategy
29 Mar 2018
Bahrain has moved to improve its start-up ecosystem as part of plans to further diversify the economy, launching a new funding and training initiative specifically targeting entrepreneurs and small and medium-sized enterprises (SMEs).