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The prices of medicines are expected to fall in GCC countries following an agreement signed recently in Bahrain's capital Manama by the health ministers of these countries. "The drug prices will witness a significant drop in the current year, and
Gulf Investment Corporation (GIC) announced yesterday the signing of a Memorandum of Understanding (MOU) with the Korea Finance Corporation (KoFC) which took place in Dubai. The MOU signals the interest in KoFC to partner with GIC as its preferred
Wednesday 28 November 2012 Last Update 27 November 2012 10:36 pm Crown Prince Salman, deputy premier and minister of defense yesterday emphasized the readiness of GCC military forces to confront the dangers facing their countries. Addressing a
report Issac John / 26 November 2012 Companies in the UAE enjoy the worlds least demanding tax framework, according to a new report compiled by the World Bank, International Financial Corporation, or IFC, and PricewaterhouseCoopers (PwC).
I am writing from Washington, where the International Monetary Fund has recently released a report on future fiscal risks facing GCC countries. Although the report (Economic Prospects and Policy Challenges for the GCC countries) is highly speculative,
Most Arab oil exporting countries in the Gulf should plan to reduce growth in government spending to make their budgets more sustainable, as their combined surplus could turn into a deficit around 2017, the International Monetary Fund said on Monday.
In order to ensure improved quality of service and promote long-term economic development of certain sectors, an expert panel has mooted Public-Private Partnership (PPP) model for Oman. Initiating the discussion at the Oman Transport Infrastructure
Most executives see a connection between diversity and corporate success. Fully 85 percent of leading organizations view gender diversity as a top priority relative to other diversity issues. However, only about one in five companies have a targeted
In a study published yesterday in the local press it was reported that a five member family living in Kuwait whose total income is less than KD 1000 is living under the poverty line, according to the United Nations criteria based on the average per
There is a vital need for the GCC countries to adopt a partnership approach between public and private sectors as an effective means of promoting national development goals in the region, management consulting firm Booz & Company said in a new study