Value-added and excise taxes offer Gulf Arab states narrow fiscal levers to help offset the economic impact of the coronavirus crisis and drop in oil prices.
Tag: Gulf Cooperation Council
Separating fiction from reality, and corporate interests from true innovation in the new “eco-cities” of the Middle East.
When Gulf nations face food, security, and water scarcity issues, one response is to seek lucrative agricultural investments in fertile African lands. Yet, while such deals can bring benefits to the countries involved, there are also sizeable risks
U.S. and Saudi confrontations with Iran are causing proxy-warfare in weak or failing Arab states and escalating tensions in the Gulf, but there might still be a chance for diplomatic progress with the right combination of measures targeting Gulf-specific, regional, and international issues.
The GCC states are now entering into the early stages of reconfigured citizen-state relations similar to what most other non-energy-rich Arab countries experienced from 1986 to 1995.
Russia’s intervention has intensified the Syrian civil war, drawing both Western and regional powers deeper into a seemingly intractable conflict.