Crown Prince Mohammed Bin Salman arrests over 200 high profile Saudis and overturns social norms. Saudi Vision 2030 outlines social and economic growth. The drop in oil prices impacts small businesses; the economy needs a dynamic manufacturing sector.
Six GCC governments will introduce a value added tax to 95% of goods; see a list of current taxes. Experts reflect on small and medium business preparations for the January compliance. The IMF supports revenue diversification.
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Saudi Arabia must radically transform its economy as millions of young Saudis enter the workforce over the next decade; Value Added Tax is about to be introduced across the GCC.
Length: 12 minutes
Copyright date: ©2017
Prices include public performance rights.
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