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Friday, February 28, 2020

Money & Business

Business in the Middle East is undergoing changes throughout. Various measures are being implemented by governments across the entire Middle East to support and develop the business sector, thereby aiming at improving the economy. The financial sector is another one part that contributes to the same.You might have a business of your own or maybe you don’t, either way, it is important to stay updated in the changes that affect the economy of the place you are living in. Stay informed and be aware of the transition around you. Learn more about Middle East businesses, growth of financial sectors, implementation of latest technology and role of consumers in the money and business section of Gulf Insider.

Duped by agents, Kenyan nationals stuck in Bahrain

Nine Kenyan nationals, who were allegedly duped by a fake recruiting agent, are now stranded in the Kingdom. “These nine Kenyan men were brought into...

UAE to tax water and electricity at 5 per cent

Both water and electricity will be taxed at 5 per cent from January 1, 2018, according to a set of draft executive regulations published...

A primer on Dubai rental index calculations

With key locations in Dubai recording rental declines through the year, it will be up to the city’s Rental Index to mirror the changes...

Saudi: 5% tax to be charged on money transfers from 1st...

RIYADH: Value Added Tax (VAT), due to be introduced on 1st January, will be exempted on certain financial activities including loans, credit cards, mortgages,...

Qatar retools after boycott by top auto parts supplier Dubai

 DOHA, Nov 9 (Reuters) - In a dusty industrial zone in the south of Doha where the city's auto repair shops are clustered, one...

Saudi billionaires race to get their assets out before officials seize...

Saudi billionaires are racing to get their assets out of the kingdom before officials seize $800 billion of funds. Some of Saudi Arabia's richest families are...

Saudi graft inquiry spreads beyond borders as Bahrain, UAE examines bank...

The Saudi crackdown on corruption has spread beyond its borders as regulators in other GCC states ask their banks for information on Saudi citizens...

Dependable Security as a Service

Interview with Mirza Asrar Baig, CEO and Founder of CTM360 CTM360 has a vision for the future—that the dynamics of managing enterprise security will rapidly...

Saudi suspect gave millions to relatives in astronomical salaries

Saudi authorities on Saturday arrested princes, former ministers and businessmen in a massive anti-graft drive. In one case, a former minister granted astronomical salaries to...

Bahrain: Funds not enough for water garden renovation

The Capital Secretariat Council is in a dilemma over the renovation of Water Garden, one of the main public parks in Salmaniya area which...
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