Saudi Arabia and United Arab Emirates introduce VAT for first time

The Gulf states have been under pressure to increase state revenue in the face of lower oil prices

from BBC News - Business http://bbc.in/2zWnSuo

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The Sunday Read: ‘What Does It Mean to Save a Neighborhood?’

By BY JACK D’ISIDORO, AARON ESPOSITO, JOHN WOO AND COREY SCHREPPEL from NYT Podcasts https://nyti.ms/3E5bF7T