Azizi Developments Plans to Invest $16.3 Billion to Build 50 Luxury Hotels and Resorts in Dubai

Before the outbreak of the pandemic, Chinese travelers accounted for 4% of passengers at Dubai International Airport but contributed to 17% of the sales revenue in Dubai Duty Free.

With its prime location, this hotel has become an iconic landmark of Paris and one of the most sought-after real estate assets in the area.

Any goods whose value exceeds the threshold will be subject to a 5 percent duty, as well as an administrative fee of AED 65 (approximately USD 17). This will spur local retailers to take significant product and marketing initiatives to enhance value propositions to attract and retain consumers looking for local alternatives.