Bloomberg Pakistan’s burgeoning youth and their freewheeling attitude towards rising incomes have turned the nation into the world’s fastest growing retail market. The market is predicted to expand 8.2 percent per annum through 2016-2021 as disposable income has doubled since 2010, according to Euromonitor International. The size of the middle class is estimated to surpass that of the UK and ...

DUBAI / Emirates Business The unprecedented growth of the infrastructure sector across the GCC over the past six decades has been one of the most significant achievements of the region as top Emirati firms have been selected for outstanding contributions to GCC’s infrastructure growth. Guided by the ambitious national visions set by the leadership of each GCC state, the world ...

DUBAI / WAM The Ministry of Finance (MoF) published Cabinet Decision No. (37) of 2017 on the Executive Regulation of the Federal Decree-Law No. (7) of 2017 on Excise Tax, as well as Cabinet Decision No. (38) of 2017 on Excise Goods, Excise Tax Rates and the Method of Calculating the Excise Price, the latter of which will add 50 ...