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Banking

Kuwait Shrugs Off Cheap Oil

Riding a wave of government spending, Kuwait’s financial institutions are thriving despite the drop in petroleum revenues—for now.

Capital Raising & Corporate Finance

Markaz Sees The Silver Lining

Kuwait Financial Centre (Markaz) has been among the Arab region’s leading asset management and investment banking institutions since 1974. Speaking with Global Finance, CEO Manaf Alhajeri explains that economically challenging times have a bright side: a chance to find value for long-haul investors.

Banking

NBK-Kuwait Speeds Ahead

The country’s dominant bank sees future growth coming from the small-business market and from regional customers.

Banking

Iceland Economy Back From The Brink

Iceland has recovered smartly from the worst recession in its history. Now it must keep inflation at bay—and that might require a monetary overhaul.

Data

Personal Income Tax Rates

The OECD defines tax as a compulsory unrequited payment to the government. A taxable base is the base amount on which the tax rate is applied—such as corporate income, personal income, or property.

Data

Countries by Income Group

Major international organizations classify countries by different factors. One criterion that is often used is gross national income (GNI) per capita – the dollar value of a country’s final income in a year, divided by its population

Data

Corporate Tax Compliance Regime

In addition to tax rates, another factor of importance to companies is the amount of time and effort spent on tax compliance and reporting.
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