Experts say, instituting a value added tax in the UAE will drive its revenue expanse in a few short years. Mohammed Fathy, General Manager of Dubai-based tax consultancy Al Dhaheri Jones & Clark, explains its long-term effect on the region’s sectors and GDP percentage...
The region has its share of risks, but there is great competitive advantage for investors and entrepreneurs to seek and explore in its business landscape...
Fiscal adjustment should be gradual given the strong fiscal buffers, the availability of financing, and the current cyclical position of the economy...