UAE developers ‘stockpiling materials ahead of VAT’

Developers in the UAE with projects already underway have begun placing orders for building materials they will need only after construction is...

Saudi land tax ‘to cut prices by up to 40%’

The new tax on vacant land in urban areas of Saudi Arabia will spur development and help reduce property prices by up...

An upcoming tax on vacant land in urban areas of Saudi Arabia will spur development in the kingdom, consultancy JLL has said....

Saudi Arabia’s cabinet has approved details of a tax on owners of vacant land in urban areas, as part of an attempt...

Saudi Arabia has outlined the rules for an upcoming annual tax on undeveloped urban land, in an announcement made on Sunday by...

Low oil prices are leading to a fiscal restructuring across GCC nations, which will likely lead to cuts in infrastructure spending, according...

Saudi Arabia’s planned introduction of a 2.5% tax on undeveloped urban land is set to rake in SAR75 billion ($20bn) a year...

Saudi Arabia’s legislative council has endorsed a tax on undeveloped land in urban areas, with the proposed law set to be passed...

Interest in United Arab Emirates taxation has been aroused again by the under-secretary at the Ministry of Finance, Younis Haji Al Khouri,...