Monica Mailk, chief economist at Abu Dhabi Commercial Bank, talks about the economic impact of Oman's income tax. She says it ...

A plan by Oman is being closely watched by other governments in the region that are preparing for a future beyond oil.

Oman plans to levy a personal income tax as part of a broader push to move the sultanate’s economy away from reliance on ...

Oman is set to become the first Arab state in the Gulf to introduce personal income tax, a break with long-standing precedent ...

Saudi Arabia is the largest oil exporter that relies on the Strait and accounts for nearly 40% of the oil exports that pass ...

Iran last disrupted traffic in the Persian Gulf in April last year when it seized an Israel-linked container ship near the ...

As U.S. strikes on Iranian nuclear facilities drive fears of retaliation, it remains to be seen whether Iran will try to ...

Oman issued a royal decree to become the first country in the Gulf to impose a personal income tax, its tax authority said on ...

Oman has announced plans to impose income tax, becoming the first Gulf state to do so in an effort to broaden its sources of ...

"The Iranian strike on the American base in Qatar demonstrated how beholden the Gulf Arabs are to the United States." ...

With a ceasefire in place between Israel and Iran, U.S. Central Command is watching the Strait of Hormuz, the narrow ...

Oman will introduce a 5% income tax on top earners in 2028, aligning with Vision 2040 to diversify income, strengthen public ...