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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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Leaders of the Gulf Cooperation Council met in Saudi Arabia this week for a meeting to discuss transforming their six nations into a union similar to the European Union.
CNN: Protesters decry unity plans in Bahrain
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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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The Gulf Cooperation Council and the Arab League came forward and asked for the United Nations Security Council to step up and address this issue.
WHITEHOUSE: Press Briefing