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Saudi, UAE introduce VAT in first for Gulf

DUBAI: Saudi Arabia and the United Arab Emirates introduced value-added tax from Monday, a first for the Gulf which has long prided itself on its tax-free, cradle-to-grave welfare system. Saudi Arabia compounded the New Year blow for…

Qatar ‘to introduce’ minimum wage for workers

DOHA: World Cup 2022 host Qatar, under global scrutiny over its alleged ill-treatment of migrant labourers, is to introduce a minimum wage for workers, official state media said Wednesday. Qatar News Agency also announced that the…

UAE to introduce new laws soon to regulate drones

RIYADH: The United Arab Emirates will finalize laws to more heavily regulate the sale of drones and their operations soon, aiming to minimize risks posed by unmanned aerial vehicles, an official at the aviation regulator said on Monday.

Govt to introduce new NFC award in 2015: Dar

ISLAMABAD: Finance Minister Ishaq Dar said government was bringing new National Finance Award (NFC) Award next year and imposition of agriculture tax in the next NFC will also be pondered, ARY News reported. Speaking in the ARY Program…