Bahrain
Bahrain is considering doubling value added tax to 10% to boost state revenues and reduce its budget deficit, a Bahraini parliamentary source and a source close to the government told Reuters, confirming local media reports. The government's c..
Bahrain could have suffered a severe economic blow if it had been subject to an economic blockade by its biggest neighbors. The country has done relatively well in the last year. According to government data, Bahrain's economy contracted 3.9% in ..
REUTERS Bahrain will initiate consultations with the other Gulf Arab monarchies regarding the situation in Afghanistan in its capacity as current chair of the Gulf Cooperation Council, the kingdom's government media office said on Monday. &..