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The GCC countries are proposing a 31% safeguard tariff on steel imports to protect the industry from cheap products, Invest-Gate reports.
Deloitte Middle East advises businesses from different sectors in GCC region to look into their VAT preparations before January 2018, the start date of VAT implementation in the GCC.
The fire safety market in the GCC countries is expected to grow to more than $3 billion by 2020 from $1.4 bn in 2016.
UAE is starting initiatives as the lead GCC in smart building, including more than two-thirds of the 1,236 Leadership in Energy & Environmental Design (LEED) certified projects, according to a study.