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Beyoncé, a $100k-A-Night Suite and a Red Carpet of Influencers: Dubai Basks in Its Booming Economy - Vimarsana News

Beyoncé, a $100k-A-Night Suite and a Red Carpet of Influencers: Dubai Basks in Its Booming Economy

Beyoncé was performing her first live concert in more than four years at a private event for the opening of Atlantis The Royal, a $1.4 billion luxury hotel.

Dubai Announces $8.7 Trillion Economic Plan to Boost Trade, Investment and Global Hub Status - Vimarsana News

Dubai Announces $8.7 Trillion Economic Plan to Boost Trade, Investment and Global Hub Status

Dubai aims to double the size of its economy in the next decade and become one of the “top 3 economic cities around the world,” the ruler of Dubai tweeted.

Dubai Cuts Its 30% Alcohol Tax to Boost Tourism - Vimarsana News

Dubai Cuts Its 30% Alcohol Tax to Boost Tourism

Dubai has announced that it is scrapping its 30% tax on alcohol sales for the rest of 2023 which is expected to boost tourism.

Dubai Nixes Its 30% Alcohol Tax in a Bid to Attract More Tourism - Vimarsana News

Dubai Nixes Its 30% Alcohol Tax in a Bid to Attract More Tourism

The news was cheered by many residents; booze is notoriously pricey in Dubai, with a pint of beer often costing $15 and a glass of wine often $20 or more.

UAE Approves First SPAC Framework in the Gulf Region - Vimarsana News

UAE Approves First SPAC Framework in the Gulf Region

The announcement comes as the UAE pushes to further diversify its economy and compete with larger markets.