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Economy and Policy

Economy and Policy latest

Economies
April 13th, 2026 - 09:36 GMT
Al Bawaba Staff

Al Bawaba Staff

Middle Eastern Economies within the Global Wealth Structure

Dr. Gil Feiler - The position of Middle Eastern economies in the global wealth hierarchy is often misunderstood due to the use of headline indicators that obscure structural realities. A rigorous comparison across three key metrics—nominal GDP per capita, purchasing power parity (PPP), and net wealth per capita—reveals a more nuanced picture of how countries in the region, particularly Israel and the Gulf states, integrate into the global distribution of ...
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The Federal Tax Authority (FTA) reported a high level of responsiveness and cooperation from the shipping, customs clearance, logistics sectors with regulations surrounding the implementation of VAT.
January 24th, 2018 - 01:06 GMT

Business Sector Highly Cooperative on VAT Regulations: UAE's Federal Tax Authority

The visits are part of the department’s move to check on how their branches are faring and to provide solutions that can help address the needs of their customers and employees.
January 24th, 2018 - 12:49 GMT

Director General Al Nuaimi Inspects DED - Ajman Branches in Al Manama and Masfout

The decision came after the UAE confirmed it would tackle tax avoidance strategies with tougher reforms. (Shutterstock)
January 24th, 2018 - 12:23 GMT

EU Removes UAE From Tax Haven Blacklist, Keeps Bahrain

Renault Al Babtain will continue to participate in driving Kuwait’s community initiatives forward through its commitment to encourage a healthier and better lifestyle.
January 24th, 2018 - 11:35 GMT

NBK Walkathon Winners Begin New Journey With Renault Koleos and Renault Megane

Khalid Nasser Al Razooqi, Dubai Police
January 24th, 2018 - 10:36 GMT

Dubai Police Shares Its Vision for Law Enforcement Using AI at Intersec 2018

Total household assets in the UAE jumped by 10 percent last year and by over 60 percent over the past decade, according to a new report. (Shutterstock)
January 24th, 2018 - 08:37 GMT

Private Wealth Jumps 60 Percent in 10 Years, to $925 Billion: UAE

Consumers in the UAE can now check the authenticity of their tax invoices and ensure that merchants are registered with the tax authority. (File photo)
January 24th, 2018 - 06:15 GMT

UAE Federal Tax Authority Launches VAT Calculator and Tax Verification System on Website

Following in the footsteps of South Korea and China, the European Union (EU) is considering stricter rules on virtual currency platforms. (Shutterstock)
January 23rd, 2018 - 01:00 GMT

After South Korea and China: EU Tightening Grip on Bitcoin, Cryptocurrency Platforms

Ivanka Trump is reportedly looking for a new White House Chief of Staff after some reports emerged that Donald Trump was unhappy with current chief John Kelly. (AFP/ File)
January 23rd, 2018 - 12:05 GMT

White House Jobs: Ivanka Trump Reportedly Looking for New Chief of Staff

The IMF has revised its World Economic Outlook for 2018. (AFP/ File)
January 23rd, 2018 - 10:46 GMT

Thanks to US Tax Cuts, IMF Raises Forecast for Global Growth in 2018

Klaus Schwab speaks during the opening session of the World Economic Forum (WEF) in Davos. (Fabrice Coffrini/ AFP)
January 23rd, 2018 - 10:06 GMT

‘We Need Collaborative Efforts’: WEF 2018 Kicks off With Call for Collaboration [Video]

While entrepreneurs and Islamic finance startups readily advocate cryptocurrencies for what they are convinced are halal transactions, others keep thinking otherwise. (Shutterstock)
January 22nd, 2018 - 02:00 GMT

Cryptocurrencies, Haram or Halal?

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