Oman implements 5% VAT
Oman becomes the fourth GCC country to introduce VAT...
Tag : GCC
GCC to see a GDP growth of 2.5% during 2021-23: S&P
S&P predicts average Brent oil price of $60 in 2021 and 2022 and $55 in 2023...
NCB to raise more funds through dollar-denominated sukuk
NCB said that the number and value of any sukuk to be offered will be determined based on market conditions...
What the pandemic means for Saudi banks
by WebAdmin
SAMA has injected $13.3 billion capital into the banking industry in the wake of economic challenges...
Middle East energy investments to see sharp decline to $792 bn
Thee sector will see a $173 mn decline during the period between 2020 and 2024...
GCC nations to face the worst economic crisis in history, warns IIF
GDP of GCC nations to contract 4.4% this year...
Abu Dhabi Securities Exchange starts $7 bn bond listing
Currently, the GCC's debt markets are demonstrating more resilience compared to other asset classes...
Emirates NBD reduces transaction fees in line with the UAE’s coronavirus initiatives
These measures are being implemented to mitigate economic impact caused by the coronavirus epidemic...