#S&P

UAE

UAE business tax will help support smaller emirates’ economies, S&P says

The country plans to levy a 9 per cent corporate tax from June 2023

Dubai tourism

Dubai’s tourism sector won’t rebound until late 2022, S&P says

The city is hosting the World Expo 2020 this year, and it hopes to attract millions of tourists

Oman’s first S&P upgrade in over a decade may be on the cards

Oman’s fiscal deficit may narrow to 4.2 per cent of gross domestic product in 2021

Kuwait credit rating cut for second time in two years by S&P

The sovereign credit rating was cut one level to A+ from AA-