Mumbai, Maharashtra, India
Participate in the Complimentary Briefing hosted by Frost & Sullivan on May 24th 2016 – 9:00 am – 10:00 am EST | 8:00 am – 9:00 am CST | 2:00 pm – 3:00 pm GMT | 3:00 pm – 4:00 pm CET | 6:30 pm – 7:30 pm IST | 2:00 am – 3:00 am SST
Frost & Sullivan’s Emerging Market Innovation team will host a briefing to discuss the growth opportunities and fiscal trends shaping Qatar and the KSA amidst sliding oil prices. This briefing would be of use to clients interested in gauging how the GCC countries are realigning themselves for greater economic diversification and fiscal adjustment strategies.
To help offset the decline in oil revenues, the GCC countries are expected to introduce a value added tax in the near future and they are also undertaking measures such as the reduction of energy subsidies. Qatar’s non-mining and quarrying sector has grown at double-digit growth rates in the recent past, with the governments of both countries striving for enhanced economic diversification. To help reduce the fiscal deficit and improve efficiencies, the KSA is expected to witness greater privatization shortly.
A team of experts, closely monitoring the region will discuss and debate emerging opportunities, sectors and impact. The team includes Aroop Zutshi, Global President & Managing Partner; Haritha Ramachandran, Associate Director, ICT MENASA and Neha Anna Thomas, Senior Research Analyst, Emerging Market Innovation.
The briefing will delve into a detailed macroeconomic analysis of the KSA and Qatar and will cover their political, economic, and social snapshot. It will also analyse fiscal adjustment strategies, progress and outlook on economic diversification providing insights on non-hydrocarbon related growth opportunities across industries such as construction, insurance, and airports, helping to influence decisions of C-suite executives interested or impacted by these markets.
Mr. Aroop Zutshi- Global President & Managing Partner, Frost & Sullivan said, “With oil prices expected to remain low in the near-term, we expect to see a lot of fiscal adjustments across the GCC countries. The proposed introduction of a 5% value added tax by 2019 will require businesses to make timely amendments in order to comply with the introduction of this new tax”.
Why You Should Attend:
To understand fiscal adjustments and their impact on the KSA and Qatari economy
Track the progress of Qatar and the KSA in diversifying away from oil and gas and understand diversification policies of the two governments
Identify non-hydrocarbon related growth opportunities across Qatar and the KSA
The briefing will conclude with an interactive Q&A session with Frost & Sullivan Country Experts for Qatar and the KSA.
About Frost & Sullivan
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