January 04, 2018 BY LeapRate Staff

Saudi Arabia 2018 Budget Sees Non-Oil Economy Expanding

The following article was written by Reem Aboul Hosn, Research and Market Analyst Officer at CFI Markets Ltd. On January 1, 2018 Saudi Arabia, the United Arab Emirates and the remaining GCC countries introduced Value Added Tax at a standard rate of 5% on most goods and services, to boost alternative revenue after oil prices…

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