• Economy

    OBG provides coverage of the major macro-economic trends within local economies, including GDP growth, government budgeting, public debt, balance of payments, monetary policy and long-term development strategies.
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Amid a backdrop of recovering commodity prices and stronger economic growth, in mid-May Kuwait decided to postpone introduction of value-added tax (VAT) until 2021, although it still intends to implement an excise tax as scheduled.

Los esfuerzos de Colombia para reducir su déficit fiscal y mejorar la seguridad financiera, han ayudado a proporcionar una plataforma sólida para el crecimiento futuro, según informe reciente del FMI. Sin embargo, se han recomendado reformas estructurales adicionales, con el fin de apoyar la expansión a largo plazo.

Articles & Analysis | Sharjah in brief: from The Report: Sharjah 2018

Accounting for just over 3% of the territory of the UAE, Sharjah is the federation’s third-largest emirate and has long played an important cultural and economic role in the region. Home to a growing network of free zones, the emirate punches above its weight in terms of commerce and is highly diversified by regional standards, with oil and gas...

Articles & Analysis | Uniquely positioned: from The Report: Sharjah 2018

Sharjah in brief Uniquely positioned: The emirate continues to leverage its geographical advantages, services and cultural attractions to spur development Viewpoint: Sheikh Sultan bin Muhammad Al Qasimi, Ruler of Sharjah and Member of the UAE’s Supreme Council, on the importance of comprehensive and equitable development Interview: Sheikha Bodour...

COMMUNICATIONS: The country code for the UAE is +971, followed by Sharjah’s dialling code 06. There are three local telecoms providers, du, Etisalat and Virgin Mobile. Pay as-you-go SIM cards for du, Etisalat and Virgin Mobile can be obtained at most shopping malls upon presentation of a valid passport...

Sitting on the waters of the Gulf, Sharjah has historically played an important role in the region, having thrived for centuries on fishing, pearl diving and long-distance trade. References to human settlement and commerce in the area can be found across the historical record, with both the ancient Greek geographer Ptolemy and the 15th-century Arab navigator and cartographer...