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Oman foresees $779mn revenue addition from VAT in 2021

The implementation of a five percent value-added tax (VAT) in Oman is expected to bring $779 million in revenue this year, as per the...

Sharjah announces $9.14bn 2021 budget; largest in the emirate’s history

Sharjah’s ruler and Supreme Council Member H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi have approved the general budget of $9.14 billion for the...

Saudi Arabia’s 2021 budget prioritize spending on health

Saudi Arabia’s 2021 budget was announced with spending of $264 billion, nearly 7 percent less than estimated for this year, as the Kingdom is...

Qatar to recover with a GDP growth of 2.2% in 2021;...

In its 2021 Budget Statement, Qatar's Ministry of Finance (MoF) has forecasted a COVID-19 recovery by the country in 2021 with a GDP growth...
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