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.
Dubai rental sector posts solid gains
Dubai’s rental sector showed strong performance throughout 2025, reflecting a stable real estate market and growing operational maturity.
Abu Dhabi, US Chambers of Commerce to expand bilateral partnerships
The Abu Dhabi Chamber of Commerce and Industry has signed a cooperation agreement with the US Chamber of Commerce to enhance investment opportunities, exchange expertise, and strengthen communication channels between the business communities of Abu Dhabi and the United States.
India delays US trade talks after Supreme Court rejects Trump tariffs
India has delayed plans to send a trade delegation to Washington this week, chiefly because of uncertainty after the US Supreme Court struck down tariffs imposed by President Donald Trump, a source in its trade ministry said on Sunday.
Non-oil sector drives strong UAE GDP growth
The UAE's gross domestic product (GDP) grew by 5.1 per cent in the first nine months of 2025, reaching around AED 1.4 trillion.
India AI summit stumbles as Bill Gates pulls out, chaos mounts
Bill Gates pulled out of India's AI Impact Summit hours before his scheduled keynote address on Thursday, dealing another blow to a flagship event already marred by organisational lapses, a robot row and delegate complaints over traffic disruptions.
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UAE President Sheikh Mohamed Bin Zayed Al Nahyan’s visit to the US to boost economic and technology ties including AI.
Apple Inc. shares fell Monday after a closely followed analyst warned that demand for the firm’s new iPhone 16 Pro model has been lower than expected. Is this a sign that the AI software just isn’t ready?
Does working from home kill productivity or can it benefit staff by giving them more flexibility and a better work/life balance?
Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?
Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!
