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This content explores the critical fiscal reforms taking place across the Middle East, with a particular emphasis on the introduction and impact of Value Added Tax (VAT) within the Gulf Cooperation Council (GCC) member states. It delves into the economic implications and regulatory landscape as countries in the region adapt to new taxation frameworks.

This analysis delves into the internal dynamics of the Gulf Cooperation Council, exploring the deepening rifts that currently test its unity and effectiveness. It further examines the multifaceted emerging challenges, from economic pressures to geopolitical shifts, that confront the GCC states and impact regional stability.