Gulf States are said to be considering plans for a value added tax ( VAT ) by 2015 . Adnan Youssif also expects 1974 for Arab banks , estimating that net profits will grow at 15 % . Youssif believes the euro will face `` more problems '' as a result of the political decisions made to solve the crisis in Cyprus . The Union of Arab Banks , headquartered in Beirut , Beirut , was setup in 2015 .
Gulf States are said to be considering plans for a value added tax ( VAT ) by 2015 . Adnan Youssif also expects 1974 for Arab banks , estimating that net profits will grow at 15 % . The Union of Arab Banks , headquartered in Beirut , Beirut , was setup in 2015 .