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Economy and Policy

Economy and Policy latest

Gulf oil exports surge as Saudi Arabia restarts key terminal after four-month halt
June 26th, 2026 - 04:15 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Gulf oil exports surge as Saudi Arabia restarts key terminal after four-month halt

ALBAWABA- Major Gulf oil producers are rapidly ramping up crude exports as regional shipping routes recover, with Saudi Arabia restarting loadings at its critical Ras Tanura terminal after a nearly four-month suspension, while Kuwait and Qatar also boost output amid improving security conditions in the Strait of Hormuz. Saudi Aramco resumed crude shipments on Friday at Ras Tanura, one of the world’s largest oil export hubs on the Gulf coast ...
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The FTA emphasizes on the importance of referencing and checking accurate sources of information.
January 7th, 2018 - 08:10 GMT

UAE Tax Authority Warns Citizens From Unreliable Sources of Information About VAT

Abdullah Naser Al Nuaimi, Ajman’s DED Assistant Director General for Economic Registration and Control
January 7th, 2018 - 07:37 GMT

Ajman’s DED Appoints Abdullah Al Nuaimi as Assistant Director General for Economic Registration and Control

Having a digital strategy is essential for ‘future proofing’ a company that wants to retain market share and stay ahead of the competition. Those who are nimble will reap the benefits of the value to be created through digitisation.
January 7th, 2018 - 07:29 GMT

PwC: Private Equity Firms Need to Keep up With the Digital Revolution in the Middle East

2017 marked the worst year for the U.S. dollar in more than a decade with the Dollar Index falling over 9%. Will the dollar recover in 2018? (Shutterstock)
January 4th, 2018 - 07:00 GMT

Will the US Dollar Recover in 2018?

The Qatari economy has proved resilient, and local sectors will benefit from the increased self-reliance. (AFP)
January 4th, 2018 - 06:00 GMT

Qatar Economy 2017: Resilience and Growth Despite Blockade

Despite the weakened buying support from foreign institutions and individual investors in the 0.14% dip in the 20-stock Qatar Index to 8,608.31 points, small- and large-cap equities, witnessed strong buying interests in the bourse.
January 4th, 2018 - 01:07 GMT

QSE Stays Above 8,600 Level Despite Minor Correction

Yousuf Mohamed Al Jaida, Chief Executive Officer, Qatar Financial Centre (QFC) Authority
January 4th, 2018 - 12:00 GMT

QFC Targets 50 Islamic Financial Companies

The UAE tax authority wants the following elements to be mentioned on any VAT bill. (Shutterstock)
January 4th, 2018 - 10:58 GMT

What Should a VAT Tax Invoice Include in UAE?

Mohammed Fathy, General Manager of Jones & Clark consultancy
January 4th, 2018 - 10:09 GMT

Myths and Misconceptions Surrounding VAT: Jones & Clark

Saudi Arabia said the revenue from VAT would go towards infrastructure and developmental works. (AFP)
January 4th, 2018 - 09:59 GMT

Over $9 Billion From VAT in 2018: Saudi Arabia

Can salary increases in the UAE this year cushion the impact of VAT on residents’ wallets? (Shutterstock)
January 4th, 2018 - 08:58 GMT

Will Salary Hikes in UAE Make VAT More Bearable in 2018?

The General Authority for Zakat in Saudi Arabia has announced that all lease contracts concluded before January 1 are exempt from VAT. (Shutterstock)
January 4th, 2018 - 08:01 GMT

Pre-2018 Leases, Mortgages Exempt From VAT: Saudi Arabia

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