Good opportunities await those looking for employment avenues in local and multinational companies across the region beginning from next year, according to experts at recruitment firms in the UAE.

A GCC-WIDE implementation of value-added tax could be delayed to mid-2013 as administrations are unprepared for such a shift and an official decision is yet to be taken, an expert in Dubai said recently.

A new federal law on small and medium enterprises (SMEs) to be introduced by the end of June will outline the definition of SMEs, procedures of establishing SMEs and their capital requirements, a senior official of the Khalifa Fund said recently.

The Middle East's leading chief executive officers are confident the region is moving towards economic recovery, according to a key survey.

Ras Al Khaimah is focusing on small and medium enterprises (SMEs) by directing them to invest in untapped areas, increasing their management skills and ensuring high sales of their products.