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Younis Haji Al Khouri, Under-Secretary of the Ministry of Finance (MoF), has announced that the cumulative revenues from Value-Added Tax (VAT) and Excise Tax, across both federal and local levels, have reached AED 173.6B ($47.3B) since their inception until the conclusion of the fiscal year 2023.
Saudi Arabia experienced a historic spending of $26.7B by international tourists within the Kingdom during the initial nine months of the previous year, as per government statistics.
Central Bank of the UAE Keeps 2024 Growth Forecast Unchanged at 4.3%. In its quarterly…
According to official statistics, Qatar’s trade surplus experienced a 3.5% month-on-month growth in April 2023,…
Saudi Arabia had a budget surplus of $27.13 billion (SR102 billion) this year and anticipates…
Saudi Arabia reported a SAR57.5 billion ($15.3 billion) budget surplus in the first quarter, as…
According to a Finance Ministry statement, revenue next year is set to reach more than…
The total value of the UAE’s foreign trade in the last five decades amounted to…