BEIRUT

Regional

Saudi Arabia, UAE introduce VAT in first for Gulf

Saudi women walk past a jewelry shop at Tiba market in Riyadh, on October 3, 2016. Since 2014 global oil prices have collapsed by more than half, leaving Saudi Arabia with a record deficit last year. AFP / FAYEZ NURELDINE

 
A version of this article appeared in the print edition of The Daily Star on January 03, 2018, on page 4.

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