Dubai has scrapped a 30% tax on alcohol and will no longer charge tourists or expats for permits to buy alcoholic drinks.
Two major retailers in the city, located in the United Arab Emirates , said they had slashed their prices to reflect the tax cut. “Buying your favorite drinks is now easier and cheaper than ever,” Maritime and Mercantile International announced on its Instagram account on Sunday. MMI, one of Dubai’s biggest alcohol retailers and a subsidiary of the state-owned Emirates group, has 21 stores across the city, according to its website.
Facing emerging competition from countries in the region, several UAE cities have shifted toward globally attractive policies over the past years, including the legalization of cohabitation by unmarried couples, and allowing the sale of alcohol during the holy month of Ramadan, which was previously banned across the country. Most recently, a Monday to Friday work week was introduced to synchronize with global business, after years of a Sunday to Thursday schedule.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Dubai ends 30% tax on alcohol sales, fee for liquor licensesDubai has ended its 30% tax on alcohol sales in the sheikhdom and made its required liquor licenses free to obtain.
Les mer »
Dubai ends 30% tax on alcohol sales, fee for liquor licensesDubai has ended its 30% tax on alcohol sales in the sheikhdom and made its required liquor licenses free to obtain.
Les mer »
Dubai ends 30% tax on alcohol sales, fee for liquor licensesDubai ended its 30% tax on alcohol sales in the sheikhdom and made its required liquor licenses free to obtain, ending a long-standing source of revenue for its ruling family to apparently further boost tourism to the emirate.
Les mer »
Dubai scraps 30% tax on alcohol sales amid economic reboundDubai has suspended a tax of 30% on alcohol and dropped a licence fee previously needed to buy alcohol in the commercial and tourism hub, two major retailers said on social media.
Les mer »
Wall Street Wraps Up Worst Stock Market Year Since 2008Markets closed Friday afternoon, ending Wall Street's worst year in over a decade. See potential bias and similarities in coverage from CNBC, FoxBusiness, CNNBusiness:
Les mer »
The Tech That Could Define 2023 (and Beyond) - CNN One Thing - Podcast on CNN AudioThe metaverse. Artificial intelligence. These technologies are here and already shaping our world in ways you may not realize. We take a closer look at how they are taking hold and tackle some commonly asked questions. See more on “Decoded”. Guest: Anna Stewart, CNN Reporter
Les mer »