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Gulf States in the GCC (Gulf Cooperation Council) are said to be considering plans for a value added tax (VAT) by 2015 while also lowering corporate tax rates to increase foreign direct investment, according to the Paying Taxes 2013 report conducted by the World Bank, IFC and PricewaterhouseCoopers.
CNN: UAB Chief: Gulf States will tax eventually
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Along with other GCC (Gulf Cooperation Council) countries, Bahrain has cracked down hard on internet activism.
BBC: Bahraini blogger Ali Abdulemam flees to UK
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Twenty years ago, or thereabouts, young Arabs in the GCC (Gulf Cooperation Council), for example, would find it easier to go into a role with government where life was not entirely strenuous and where they could get good money.
FORBES: Arabia-Asia: Seasoned Banker Reflects On Rekindled Trade Routes
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In time, all seven emirates -- and all the Gulf Cooperation Council (GCC) countries -- will be linked by a coastal high-speed rail network.
CNN: Is Dubai the center of the world (again)?
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And since Saudi Arabia and other Gulf Cooperation Council (GCC) troops entered Bahrain in March 2011 and helped crushed the uprising, the prime minister has held the upper hand.
BBC: Bahrain Crown Prince Salman addresses civil rights
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The six Gulf Cooperation Council (GCC) countries-- Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE)--channel their oil wealth into homeland economies and mammoth infrastructure projects.
FORBES: Magazine Article
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As part of our close consultations with Gulf Cooperation Council (GCC) partners, Mr. Brennan next goes to Saudi Arabia and the United Arab Emirates for meetings with government officials to discuss options to address the deteriorating situation in Yemen.
WHITEHOUSE: Statement by the Press Secretary on Travel by John Brennan
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It is home to some 380 million people, larger than the U.S. With three nations Qatar, the United Arab Emirates and Kuwait in the Gulf Cooperation Council (GCC) region among the top 20 highest per-capita incomes in the world, according to the IMF, there should be opportunity.
WSJ: The Winding Tech Road of Lebanon and Its Region
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Whether it is the Saad and Gosaibi case shrouded in layers upon layers of useless and expensive secrecy or the real numbers of health and safety accidents, it seems countries in the Gulf Cooperation Council (GCC) are not particularly known for prioritizing transparency.
FORBES: Transparency in the Middle East: Still a Dirty Word