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Last Updated: Sat, Apr 22 2017 | 12:43 PM |

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Tax on sugary drinks is 'discriminatory', says PepsiCo CEO

Imposing tax on sugary drinks is not the best method of taxation, according to PepsiCo CEO Indra Nooyi.The UAE is likely to introduce excise tax from this year with rates ranging from 50 percent and 100...

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Posted by: Vivek Apr 20, 2017 12:47 PM [India]

I don't think it's the carbonated drinks that are the problem. It's the sugar content in the drink that's an issue

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1

United's public relations blunder shines a light on GCC airlines

When the news broke that Donald Trump’s administration was about to impose a ban on electronics being carried on board flights to the US, we knew it was going to be a story of some significance.As more...

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Posted by: Christine Apr 20, 2017 12:47 PM [UAE]

US Airlines have been "offering" the most substandard services for long time (indigestible food, harsh flight attendants, old planes, outdated or no inflight entertainment, rough baggage handling, and more) now they are adding another "service": Beat your customer out of a plane at will and at random (although it was United's mistake for mismanaging the seat capacity) and treat all customers like cattle. What a catastrophic PR. Unfortunately people have short memories and keep using these airlines instead of boycotting them and forcing them out of business. Such airlines should not be flying any skies anywhere in the world!

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1

Emirates to cut flights to US cities after flagging demand

Emirates will cut flights to five of US cities as demand deteriorated after US restrictions on travel and on-board electronics affecting Middle East carriers and passengers.The world’s biggest international...

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Posted by: Joe Apr 20, 2017 12:45 PM [UAE]

I will personally keep on flying with Emirates, Qatar airways and Etihad to the USA even without having my electronic devices with me in the cabin, much better than to fly the lousy United and other US airlines.
Safety, good service and customers' respect are much more important than my devices. I'd rather be without my devices on Emirates, Qatar airways and Etihad, than to be dragged out of the airplane or having my luggage lost with United who has no respect whatsoever to its clients.

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2

Dubai TV station said to be closing down

Dubai-based TV station City7 is reportedly closing because of the slowdown in the market.Staff at the privately owned free-to-air channel told the Associated Press that operations were ceasing soon.City7...

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Posted by: jack sparrow Apr 20, 2017 8:58 AM [UAE]

I agree with your comments. It's not like City7 was something ppl were glued to but this is just unfortunate when it comes to the overall socioeconomic environment.

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7

VAT may impact cash flow of UAE companies: tax consultant

Companies in the UAE are likely to face cash flow issues post-implementation of value-added tax (VAT), according to a tax consultant.The UAE is set to implement 5 percent VAT from January 1, 2018, with...

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Posted by: OmarF Apr 19, 2017 1:25 PM [UAE]

SMEs are suffering at this current economic cycle. and many are confused how the process will work. (ask your mom/pop grocer - cafeteria - laundry-pharmacy-tailor-hair saloon etc... about it. they have no idea)

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2

UAE firms face dilemma: increase prices or absorb VAT

Some companies in the UAE are likely to absorb value added tax (VAT) and hold prices at the pre-tax level, according to a senior tax consultant.The UAE will implement 5 percent VAT from January 1, 2018...

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Posted by: Getacheu Apr 19, 2017 9:09 AM [UAE]

To my practice, VAT is refundable when the goods sold in local market are exported. As UAE is a tourist hub, visitors that shop in UAE markets must be refunded at airport exit. So what is refund procedure and how long it take? Re-export goods will be sold with VAT or no? Thank you

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34

Dubai likely to lose 'shopper's paradise' status: S&P

An appreciating dollar is making it more expensive for tourists looking to shop in the UAE, and Dubai is likely to lose its coveted “shopper’s paradise” label if the currency pressure persists, says an...

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Posted by: smallbusiness Apr 19, 2017 9:08 AM [UAE]

Exactly. Our business is keep on losing money, every month. It's heartbreaking that we might have to lose the business after years building it and countless dirhams investment.

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3

Lost and stolen phones in UAE 'blocked within 48 hours'

UAE’s Telecommunications Regulatory Authority (TRA) has announced a new scheme that will allow users who have lost their mobile phone to have it blocked within 48 hours.According to the TRA, the ‘Secure...

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Posted by: Umesh Rao Apr 19, 2017 9:07 AM [Sultanate of Oman]

What if the stolen device is taken out of the UAE?

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2

Kuwait politician blames foreigners as GCC austerity sets in

Safa Al Hashem, the only woman in Kuwait’s 50-seat parliament, is capitalising on a growing resentment of foreigners to build support for a movement that’s taking shape as the nation’s ruling Al Sabah...

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Posted by: John Apr 18, 2017 9:11 AM [UAE]

Kuwait's brash attitude towards it's largely low-level expat community is ironically envied by its GCC neighbours who accommodate large expat communities that challenge its cultural norms. Solutions that this Kuwait MP suggests are no different than similar measures in Dubai, (i.e. Salik and a Mandatory Health Insurance System). This is a country that still subsidises petrol, so it is more advantageous for them to implement the right systems in the country, like an RTA to regulate roads and building labour hospitals together with a KHA, than to blame a growing population of struggling expats. The country benefits as a whole and makes it easier for Kuwait to attract a higher level of expertise needed to implement these systems whilst creating jobs for its nationals. Spending billions to send their nationals overseas for healthcare is an equally important issue as the expat's abuse of the healthcare system, both these matters need to be addressed on a government level.

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3

The cost of cloud seeding in the UAE

The UAE has hardly been a sunbathers’ paradise this spring. In fact, European expats have compared the weather to that of their native countries — rain, rain and more rain.Two months of unusually wet weather...

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Posted by: Lord Wonko Apr 18, 2017 9:09 AM [UAE]

Dubai's tourist trade, which accounts for something like 30% of GDP, relies primarily on its reputation for 340-plus days of sunshine a year. How will cloud seeding - which is supposed to increase the frequency and duration of clouds and rain - affect the tourist numbers? Certainly our winter visitors this year were not too impressed!

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