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OECD

OECD latest

EU To Implement New ‘Digital Tax’ On Tech Giants If OECD Fails To Deliver
January 21st, 2020 - 10:48 GMT

EU To Implement New ‘Digital Tax’ On Tech Giants If OECD Fails To Deliver

The European Union has vowed it will take action regarding the implementation of a new ‘digital tax’ aimed at major technology leaders such as Facebook, Google and Amazon. European industry policy chief, Thierry Breton, has declared that the European Union will take action if the OECD fail to find a resolution for taxation on digital companies. In October 2019, the OECD proposed a global shake-up of corporation tax, which would ...
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Out of 20 Arab countries with available data for 2012, a total of 15 countries witnessed increases in FDI inflows
June 18th, 2013 - 12:49 GMT

FDI inflows to Arab countries grow 9.8 per cent to reach $47.1 billion in 2012

The MoU was signed for the Ministry of Finance by Obeid Humaid Al Tayer, State Minister for Financial Affairs, and for the Central Bank by Sultan Bin Nasser Al Suwaidi, Governor of the Central Bank of the UAE
June 12th, 2013 - 10:38 GMT

UAE Ministry of Finance and Central Bank sign MoU

Woman presents a tray of beverages (Getty: image used for illustrative purposes)
June 5th, 2013 - 09:03 GMT

As the region rocks, Tel Aviv coffee classes order another cappuccino

In the US money printing has driven the rise in the stock market and house prices and produced an illusion of recovery for the wealthy.
June 4th, 2013 - 10:58 GMT

Manufacturing output slides, there is no economic recovery

 Turkey woos Gulf nationals as property investors
May 20th, 2013 - 04:40 GMT

Turkey new hotspot for GCC real estate investors

Kuwait budget surplus to top $50 bn in 2012-13
March 21st, 2013 - 08:43 GMT

Oil helps Kuwait register huge budget surplus

Most analysts now see demand growth of 0.9 to 1.0 mbpd in 2013
February 14th, 2013 - 10:55 GMT

Kuwait to record $50 billion budget surplus

The latest economic data reveals some impressive growth statistics
January 8th, 2013 - 11:18 GMT

Lower oil prices could cause Saudi to curb spending plans

Iraq need to improve its financial and legal infrastructure to attract investment, especially the financial services sector
November 25th, 2012 - 11:15 GMT

Will Iraq be the the fastest growing economy on earth?

Global electricity demand is set to shoot up by 70 per cent
November 19th, 2012 - 12:11 GMT

In for a shock: Global electricity demand on the rise

Demand for oil is set to increase, the International Energy Agency has stated
November 13th, 2012 - 12:47 GMT

IEA: Oil demand to rise driven by 'emerging nations'

Global unemployment is now higher than before the financial crisis hit in 2007, causing concerns for governments around the world
October 14th, 2012 - 08:17 GMT

Global unemployment crisis not getting any better

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