Gulf states agree to push value-added tax project with oil lowOfficials of the six-nation Gulf Cooperation Council agreed at the weekend to keep working towards the introduction of a value-added tax (VAT)around the region, in a sign that low oil prices may be strengthening support for the idea. More… |
No consensus on GCC expansionThe United Arab Emirates said on Wednesday there was no consensus yet among Gulf states on admitting Jordan and Morocco to the six-member Gulf Cooperation Council (GCC). 'We must learn from the experience of the European Union, which a More… |