IMF says VAT should be doubled to 10% in Saudi Arabia

Writen by Qaran News |

The International Monetary Fund (IMF) has suggested that the value-added tax (VAT) should be doubled from five per cent to 10 per cent in Saudi Arabia in consultation with the other Gulf countries. Analysts expect the hike in VAT rate will come only after 2021 once Kuwait and Oman will also be ready to implement… Read more »

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African Development Bank wins prestigious procurement award

Writen by Qaran News |

African Development Bank wins prestigious procurement award The first multilateral development bank achieving CIPS Procurement Excellence – silver award Abidjan, Côte d’Ivoire, 9 September, 2019 – The African Development Bank has been recognised for procurement excellence by the Chartered Institute of Procurement & Supply (CIPS), the world’s largest professional body for procurement and supply management… Read more »

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Senior police officer found dead in Somalia

Writen by Qaran News |

SOMALIA/KAMPALA— A Ugandan senior police officer attached to African Union Mission in Somalia (AMISOM) has been found dead under mysterious circumstances, officials said on Saturday. Assistant Inspector of Police (AIP) Edward Bagonza was found dead at his residence in Mogadishu on Saturday, September 7, according to Police Director Peace Support Operations AIGP Grace Turyagumanawe. In… Read more »

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African Development Bank announces senior appointment in Asia

Writen by Qaran News |

African Development Bank announces senior appointment in Asia Abidjan, Cote d’Ivoire, 3 September, 2019 – The president of the African Development Bank, Dr. Akinwumi Adesina, has approved the appointment of Mr. Takashi Hanajiri, as head of the Asia external representation office in the Bank’s Tokyo office with effect from 16 August, 2019. Takashi has over… Read more »

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