Two significant merchants announced on social media that Dubai has postponed a 30% tax on alcohol and removed a license fee requirement that was previously required to purchase alcohol in the business and tourist center.
The action is anticipated to increase Dubai’s allure to tourists and expatriate residents drawn to its more liberal lifestyle when compared to other Gulf cities.
Dubai’s economy quickly recovered from the COVID-19 epidemic, with the first nine months of 2022 seeing a 4.6% year-over-year increase in GDP. A major economic pillar, tourism saw a more than 180% increase in visitors during the first half of 2022 compared to the same period in 2021.
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