Dubai ends hefty alcohol tax in bid to boost business, tourism | Business

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Dubai kicked off the new year by scrapping a 30% tax on alcohol sales and making liquor licenses free, in an apparent move to bolster its status as the Middle East’s leading business and tourism hub. | News24_Business

Dubai kicked off the new year by scrapping a 30% tax on alcohol sales and making liquor licenses free, in an apparent move to bolster its status as the Middle East’s leading business and tourism hub.

Liquor is widely available in Dubai. But a pint of beer can cost more than $15 at restaurants, while bottles of wine can start at more than $100. That’s prompted many residents to drive to other emirates like Umm Al Quwain, about 80 kilometers from Dubai, where prices are much cheaper. Both firms said liquor licenses, which cost about $70 a year, will now be free. They’ll still be needed because the United Arab Emirates restricts Muslims from buying alcohol.Expatriates make up more than 80% of the 10-million population in the UAE, of which Dubai is the biggest city. The country’s government is planning to attract millions more in the coming decades.

Alcohol is still completely banned in Saudi Arabia. In other regional countries including Qatar and Oman, it is heavily taxed.

 

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_Business Dubai you ROCK 👍👏🏻

_Business So buggar your religion for money nice one

_Business Now give lgbtq people rights

_Business Oh wow!!! These people have a plan and purpose, and they have willpower to make it happen!! ….putting religious beliefs aside, in order for their nation to prosper!!

_Business The United Arab Emirates has 7 Emirates and Dubai was established to be the sin city type of emirate out of the 7 for Muslims

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