Tax Saudi Arabia to expand VAT base as oil prices fall Saudi Arabia has introduced new regulations allowing visitors to the country to claim back value added tax (VAT) to facilitate the tourism industry, but it plans to widen the tax base to include online transactions. The world’s second largest oil producer is facing a steep decline in international oil prices on which the government relies […] April 22, 2025
Tax Trump tariffs threaten $22bn in Arab exports says UN Bahrain and Jordan are the countries likely to be most affected by tariffs planned by President Donald Trump on non-oil exports by the Arab world to the US worth nearly $22 billion, a United Nations body has warned. Despite a sharp fall in the region’s sales of oil to the US over the past decade, […] April 21, 2025
Opinion Tax To get tech giants to pay their fair share, the taxman needs AI too It's not easy for governments to track the activities of digital businesses. AI-powered tools can help April 9, 2025
Tax Bahrain approves environmental tax on companies Bahrain is to become the first country in the Arabian Gulf to introduce an environmental tax on companies as the island state struggles to rein in a growing budget deficit and bring government finances under control. The government of the region’s smallest nation by population has approved in principle a levy on carbon dioxide emissions […] March 26, 2025
Opinion Renewable Energy Taxation can be a catalyst in the renewable energy revolution Saudi Arabia and the UAE can lead the transition if their fiscal policies align with their ambition March 4, 2025
Tax New tax relief package expected in Egypt next month Egypt will announce a tax relief package for taxpayers and businesses next month, to increase the transparency of the tax system and encourage more foreign direct investment, it has been reported. The finance minister is overseeing the package’s implementation to ensure it meets business needs, the Egypt Today newspaper reported, citing Rasha Abdel Aal, head […] February 20, 2025
