Gulf region

Gulf region

Banking | Islamic Banking

KIB harnessing innovation to improve the customer experience

Kuwait International Bank has placed customer prosperity at the heart of its business model as it helps to drive the digital transformation of the nation’s financial services sector
Tax | Wealth Management
The Gulf states will now impose a five percent tax on most goods and services as they look to offset the effects of the prolonged downturn in oil prices

UAE and Saudi Arabia introduce VAT to boost non-oil revenue

In an effort to transition their economies away from oil dependency, Saudi Arabia and the UAE have introduced VAT on various goods and services
Government policy | Infrastructure
Saudi-led sanctions set to remain despite Qatar-US anti-terror agreement

Saudi-led sanctions set to remain despite Qatar-US anti-terror agreement

US Secretary of State Rex Tillerson has agreed an anti-terrorism plan with Qatari leaders in an attempt to diffuse the ongoing Gulf crisis

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