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Saudi Finance Minister Mohammed Al-Jadaan was recently appointed chairman of the General Authority of Awqaf. The authority, according to the Saudi government website, is concerned with “organizing, maintaining, and developing endowments in a manner that achieves the requirements of the waqf and enhances its role in economic and social development and social solidarity, in
Bahrain’s economic activity is set for a moderate rebound thanks to a renewed fiscal reform momentum driven by the recent doubling of the VAT rate to 10% and high oil prices, and over the medium-term, growth is set to stabilize at 3%, according to IMF.
Bahrain is experiencing a gradual post-Covid recovery, while the renewed fiscal reform momentum and high oil prices are mitigating Bahrain’s fiscal and external vulnerabilities, said an IMF mission at the end of a visit to Bahrain.
TDT | Manama The Daily Tribune – www.newsofbahrain.com His Royal Highness Prince...
TDT | Manama The Daily Tribune – www.newsofbahrain.com In line with the...