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“1st January 2018, VAT Mubarak GCC region” – the Kingdom of Saudi Arabia (KSA) and the United Arab of Emirates (UAE) implemented their domestic VAT laws. These countries fulfilled their commitment of implementing VAT law in their respective countries as per the Common VAT agreement signed by the 6 member states of the Gulf Co-operation…
With overall economic growth hovering around 3 percent in 2017, Bahrain registered the most vigorous growth among all Gulf Cooperation Council (GCC) nations. As government made many realistic efforts toward attracting more Foreign Direct Investments (FDIs) and diversifying the economy away from oil, real estate remains one of the key drivers in Bahrain’s robust growth….