Saudi Arabia uncovers 770 VAT violations as part of massive campaign

Abu Dhabi: Saudi authorities have recorded 770 VAT violations during a sweep on retail stores across the Kingdom. The violations were spotted over seven days during the campaign aimed at ensuring businesses’ compliance with regulations, the Saudi General Authority of Zakat and Tax (GAZT) said. The violations ranged from failing to keep tax records and bills, […]

Abu Dhabi issues new guidelines for procurement in public-private projects

Dubai: Abu Dhabi has issued new procurement guidelines for partnerships between public and private sector enterprises. These were issued by Abu Dhabi Investment Office. The new regulations provide “greater clarity” to the private sector engaging with the government during the procurement and development phase of any major PPP project. The regulations follow the Abu Dhabi Government’s […]