The ban on importing waterpipe tobacco and e-cigarette plugs without digital tax stamps comes into effect on March 1.
According to the UAE’s Federal Tax Authority (FTA), these products are required to carry digital seals that track the items all the way from production to end-use.
From June 1, the FTA will also prohibit the supply, transfer, stockpiling or possession of such products that are unmarked.
The scheme, which was introduced last year, aims to combat tax evasion and protect consumers from fraud.
Initially, it only applied to cigarette packs but later it was expanded to include other forms of tobacco as well.
The FTA has started organising training programmes for inspectors from Departments of Economic Development and Customs Agencies across the Emirates, a well as workshops for importers, producers, and retailers so that they are familiar with the scheme.
Parkin has entered into a multi-year agreement with real estate developer Binghatti Holding, where it will operate approximately 1,200 spaces across selected Binghatti developments.
The UAE's Minister of Economy and Tourism, Abdulla bin Touq Al Marri, has met with a high-level delegation from Uzbekistan to explore ways to strengthen economic and investment ties.
Dubai Chambers has held talks with a major Chinese trade body in Shanghai aimed at strengthening economic ties and increasing trade and investment between the two markets.
Saudi Arabia has restored full oil pumping capacity through the East-West pipeline to about seven million barrels per day, it said on Sunday, days after providing an assessment of damage on its energy sector from attacks during the Iran conflict.
Dubai’s First Deputy Ruler, His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, has held talks with the chief executive of global investment firm Brookfield Corporation on strengthening cooperation and attracting further investment to the emirate.