Dubai has ended its 30% tax on alcohol sales in the sheikhdom and made its required liquor licenses free to obtain.
Alcohol sales have long served as a major barometer of the economy of Dubai, a top travel destination in the UAE, home to the long-haul carrier Emirates.However, a pint of beer easily can cost over $10 at a bar, with other drinks running even higher. It wasn't immediately clear if this would cause a price drop at alcohol-serving establishments or if it only would affect those buying it from retailers.
“Since we began our operations in Dubai over 100 years ago, the emirate’s approach has remained dynamic, sensitive and inclusive for all,” said Tyrone Reid of MMI. “These recently updated regulations are instrumental to continue ensuring the safe and responsible purchase and consumption of alcoholic beverages in Dubai and the UAE."
African & Eastern, the second alcohol retailer believed to be at least partially held by the state or affiliated firms, also announced the end of the municipality tax and license fees.
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