Thursday, February 21, 2019

Money & Business

VAT rules not yet finalized: UAE Ministry of Finance

The UAE Ministry of Finance is still in the process of preparing the executive regulation of value-added tax (VAT) and tax rates on supply...

Job scams in the healthcare sector

Have you ever wondered if a job is real or a scam? If it sounds too good to be true, it probably is. Recently cybersecurity...

Which companies will win and lose in Qatar crisis?

With Qatar increasingly isolated from its Gulf neighbors in an escalating geopolitical crisis, the economic and financial implications are starting to emerge.The country — which...

Bahrain: Non-oil Sector Accelerates Economy Growth

Bahrain’s headline real growth rate increased sharply in the second quarter of 2018 to an annual rate of 2.4%, according to the Bahrain Economic...

Saudi To Build First Hydrogen Fuel Cell Vehicle Fueling Station

Saudi Aramco and Air Products Friday announced the signing of an agreement to jointly-build the first hydrogen fuel cell vehicle fueling station in Saudi...

Saudi: Cancel expat levy, JCCI tells ministry as 15.6% of companies...

The Jeddah Chamber of Commerce and Industry (JCCI) has asked the Ministry of Labor and Social Development (MLSD) to cancel expat levy for firms...

Good news! Bahrain plans 10-year residency visa for investors

Bahrain is planning to issue a ten-year renewable residency permit on a self-sponsorship basis to foreign investors.The visa is intended to boost Bahrain’s “position...

Can social media persuade you to spend more money?

Towards the end of last year, two of Facebook’s social scientists acknowledged in a blog post that passive consumption of content on the platform can affect...

UAE, Saudi Arabia offer maximum salary hike in 2017

Saudi Arabia continues to lead the region in salary increases, according to a GCC-wide survey of 600 multi-national companies and locally-owned conglomerates by Aon,...

Saudi Arabia charging ahead with electric vehicles

Like UAE, Saudi Arabia has recently decided to take part in the race towards power shifting to electric vehicles (EVs).The state-controlled Saudi Electricity Co...
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