The UAE government’s decision to implement excise tax has led to a sharp decline in the value of tobacco trade in Abu Dhabi.
According to the emirate’s Statistics Centre, the overall trade of raw and manufactured tobacco products dropped to AED 62.4 million last year, compared to AED 410 million in 2017.
The UAE began applying excise tax on certain goods in October 2017.
It increased the cost of carbonated drinks by 50 per cent and doubled the price of tobacco and energy drinks.
Emirates to allow passengers to book using cryptocurrency
Emirates has officially launched crypto.com pay to allow passengers to book their flights using cryptocurrency.
DIFC registers over 10,000 active companies for first time
The Dubai International Financial Centre (DIFC) has surpassed 10,000 active registered companies for the first time in its history in a record-breaking first half of 2026.
DEWA International explores partnerships with several Greek companies
Dubai Electricity and Water Authority (DEWA) International have held high-level talks with several Greek companies as part of plans to expand their global outreach.
UAE to get 100 Primary Care facilities by 2030
Aster Clinics UAE has announced plans to expand its network from 85 to over 100 facilities across the UAE by 2030, with a commitment to invest AED 100 million and increase staff strength to 4,100 across the country.
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