Dirhams & Dollars

Death, taxes, and fizzy drinks: The UAE introduces a sin tax

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Sinopse

In 1789, Benjamin Franklin wrote that “in this world nothing can be said to be certain, except death and taxes.” This week, the residents of the UAE got a taste of that certainty, as they went to purchase their cigarettes and can of soda, only to find them both more expensive. The business team discuss the new tax, what impact it might have, and whether or not it’ll encourage people to live healthier lives. The team also talks about Etihad finally appointing a new CEO. Who is he, and what is he bringing to the table?