Watch Haque: #UAE Corp. Tax is Natural Step in Fiscal Reform - Bloomberg video

Watch Haque: #UAE Corp. Tax is Natural Step in Fiscal Reform - Bloomberg video

A new tax on corporate profits will help the United Arab Emirates diversify away from oil, and support the smaller sheikhdoms that make up the Gulf nation according to S&P Global Ratings. Khatija Haque, Chief Economist and Head of Research at Emirates NBD, discusses the 9% business tax and gives an overview of inflation in the UAE. She speaks with Yousef Gamal El-Din and Manus Cranny on "Bloomberg Daybreak: Middle East." (Source: Bloomberg)