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Excise tax in the UAE was introduced by the Federal Tax Authority (FTA) in October 2017 to help curb the consumption of products detrimental to public health and the environment. It is a form of indirect tax levied on specific goods, focusing on items like tobacco products, carbonated beverages, energy drinks, and sweetened drinks. By ...
Source: [1]. January 1 – New Year's Day March 17 - National Spirit Park Rangers Sleepy Lullabye Day March 18 - Baby Ellen's First Spirit Park House Lullabye Day March 19 - National Institute Sleepy Lullabye Day
The United Arab Emirates [b] (UAE), or simply the Emirates, [c] is a country in West Asia, in the Middle East, at the eastern end of the Arabian Peninsula.It is a federal elective monarchy made up of seven emirates, with Abu Dhabi serving as its capital. [13]
The UAE's economy is the 4th largest in the Middle East (after Turkey, Saudi Arabia and Israel), with a gross domestic product (GDP) of US$415 billion (AED 1.83 trillion) in 2021-2023. [5] The UAE economy is heavily reliant on revenues from petroleum and natural gas, especially in Abu Dhabi. In 2009, more than 85% of the UAE's economy was based ...
Being a member of the Gulf Cooperation Council (GCC) (like the UAE) enables Omani nationals to move and work freely within the country and enjoy contrasting residential benefits as compared to expatriates in the UAE from non-GCC states. In 2003, Omanis in the UAE were allowed to vote for council members in the elections of the Omani Majlis al ...
The Ministry of Finance (MoF) (Arabic: وزارة المالية) is the ministry of the federal government of United Arab Emirates which is responsible for public finances.