The Shura Council today approved doubling the Value Added Tax (VAT) from 5% to 10%.
The 10% VAT will be now ratified and implemented on January 1, 2022.
Trending
- IOM reports nearly 1,000 migrant deaths in Mediterranean in 2026
- Kuwaiti Interior Ministry: Major damage to infrastructure in past 24 hours
- Saudi Crown Prince, Kuwaiti Crown Prince affirm commitment to regional stability, security
- Kuwaiti Defence Ministry: KPC facilities targeted in series of Iranian attacks
- HM King ratifies, issues Law (14) of 2026, following Shura and Representatives Councils approvals
- Bahrain Defence Force General Command: 194 missiles, 508 drones intercepted since start of Iranian attacks
- Interior Minister visits National Ambulance, Police Media
- CBB, CBUAE sign BHD 2 billion currency swap agreement
