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 has become the first Gulf Arab state to introduce income tax – sparking fears Dubai residents could face a similar levy in the next five years.

Oman has been weighing the personal income tax for several years, and its introduction follows other fiscal reforms. In 2020, it rolled out a program to cut down public debt and boost economic ...

DUBAI, United Arab Emirates (AP) — Oman plans to levy personal income tax as part of a broader push to move the sultanate’s economy away from reliance on hydrocarbons. The tax would be a first ...

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

DUBAI, United Arab Emirates (AP) — Oman plans to levy personal income tax as part of a broader push to move the sultanate's economy away from reliance on hydrocarbons.

Oman is set to introduce a personal income tax by 2028 as part of its efforts to diversify its economy away from hydrocarbons. The tax will affect the top 1% of earners and is a first among Gulf ...