Dubai rang in the new year by suspending a 30 per cent tax on alcohol sales as the emirate seeks to consolidate its position as the Gulf’s tourism and business hotspot.
The initiative, which took effect on Sunday, will last for a year and has been described as a trial period by industry executives informed of the decision.
Dubai, the region’s commercial and tourist centre where expatriates outnumber nationals by nine to one, has been liberalising regulations in recent years to make…
