Tuesday 17 October 2017
 
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GCC

GCC travellers increasingly demand eco-friendly luxury

The demand for eco-friendly tourism in the Middle East is on the rise, with a total of 327,551 GCC tourists recorded visiting Switzerland between January and November 2016, generating 920,398 room nights with an average spend of $430 per day.

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Trump threatens to cancel landmark Iran nuclear deal

US President Donald Trump has threatened to terminate the 2015 Iran nuclear deal if Congress and US allies fail to amend the agreement in significant ways.   In a vituperative speech on Friday that began by listi

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Trump threatens to cancel landmark Iran nuclear deal

US President Donald Trump has threatened to terminate the 2015 Iran nuclear deal if Congress and US allies fail to amend the agreement in significant ways.   In a vituperative speech on Friday that began by listi

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VAT in the GCC: Benefits of voluntary registration

From January 1, 2018, any business operating in the Gulf Cooperation Council (GCC) group of nations that earns revenue of Dh375,000 ($102,000) or more, will be legally required to register as a value-added tax (VAT) vendor. The ne

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GCC food services market to top $29bn in 3 years

The GCC food service market is expected to grow at a compound annual growth rate (CAGR) of eight per cent to hit the $29.3 billion mark by 2020, up from $21.5 billion registered in 2016 and $20.1 billion in 2015, a report said. Th

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GCC fertiliser production capacity surges 12pc

The fertiliser production capacity in the GCC region has reached 42.3 million tonnes per annum in 2017, increasing by 12 per cent over the previous year, according to a new report of the Gulf Petrochemicals and Chemicals Association (GPCA).

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GCC to probe 'dumping' of plasticizer products

The GCC standing committee for combating harmful trade practices has decided to launch an investigation into dumping of imported chemical plasticizer products (preparations for cement, tile or concrete) in GCC markets. Khalifa bin

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Investment flow between GCC, India ‘rising rapidly’

The GCC nations and India are strengthening historic ties across cultural, trade, defence and political areas as they realise the potential of strategic cooperation, said an industry expert, noting that investment flows between the regions are r

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Investment flow between GCC, India ‘rising rapidly’

The GCC nations and India are strengthening historic ties across cultural, trade, defence and political areas as they realize the potential of strategic cooperation, said an industry expert, noting that investment flows between the regions are r

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GCC education sector ripe for private investment

Set to host 65 million youth by 2030, the GCC is set to be very attractive for private investors in the coming years, with the education sector looking especially promising, according to a recent study. Education trends that will

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