Does a 5% VAT tax cause prices to rise by 5%? Dr. Omar Al-UbaydliMedia CenterDerasat in the NewsPublicationsCommentaryResearch & AnalysisEconomics January 15, 2019 By : admin Comments: 0 Likes: 0 At the start of January 2019, Bahrain launched a 5 per cent value-added tax (VAT), following Saudi Arabia and the UAE, Dr. Omar Al-Ubaydli explains the impact on prices. Read More Share