Taxes: VAT Revolution

Adopting a new tax system, Saudi Arabia and the UAE deliver a shock to companies and consumers—and reassurance to foreign investors.

Oman: Pivotal Position

Oman qualifies as the least known and understood of the Gulf Cooperation Council countries, but its importance goes beyond its size.

Oil Impact: Make Hay Now

A rise in oil prices has eased the immediate financial stress of Gulf nations, but the need for diversification remains pressing.