value-added tax

Oman to impose value-added tax amid pandemic fallout
Middle East

Oman to impose value-added tax amid pandemic fallout

DUBAI, United Arab Emirates (AP) — Oman issued a royal decree on Monday that sets the stage for the sultanate…
Builders bruised by Dubai real estate market woes
Middle East

Builders bruised by Dubai real estate market woes

DUBAI (Reuters) – Dubai’s real estate downturn is forcing construction and engineering firms to cut jobs and halt expansion plans,…
Tunisia hit by third night of violent protests
Middle East

Tunisia hit by third night of violent protests

Tunisians have taken to the streets of several cities including the capital in a third night of violent protests. The…
Saudi royal handouts to cost about $13 billion: minister
Middle East

Saudi royal handouts to cost about $13 billion: minister

A package of handouts to Saudi Arabian citizens to compensate them for cost of living increases will cost the government…
VAT negatively affects tourism: Tourism Chambers Federation
Egypt

VAT negatively affects tourism: Tourism Chambers Federation

Karim Mohsen, president of the Business Conduct Committee at the Egyptian Federation of Chambers of Tourism, said that the value-added…
Administrative court adjourns appeal against VAT to Nov. 6
Egypt

Administrative court adjourns appeal against VAT to Nov. 6

An appeal against a new Value Added Tax (VAT), which was introduced in a recent law, has been postponed to…
Price increase on govt services will quickly follow VAT law: Finance Ministry
Business

Price increase on govt services will quickly follow VAT law: Finance Ministry

The Egyptian government has said it will announce details of increased prices of certain public services as soon as the…
Warnings of applying the value-added tax
Economy

Warnings of applying the value-added tax

A senior Finance Ministry official said the Interior Ministry and other state agencies warned of applying a new value-added tax…
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