Trading & Financial News
No Result
View All Result
Tuesday, November 18, 2025
  • Login
  • Economy
  • Markets
  • Forex News
  • Investing
  • Stock Trading
  • Crypto
  • Trading for beginners
Subscribe
Trading & Financial News
  • Economy
  • Markets
  • Forex News
  • Investing
  • Stock Trading
  • Crypto
  • Trading for beginners
No Result
View All Result
Trading & Financial News
No Result
View All Result
Home Forex News

Heineken to open GCC’s first brewery in Dubai – report

by Tradinghow
November 28, 2024
in Forex News
A A
0
Heineken to open GCC’s first brewery in Dubai – report
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


Image credit: Ksenia Kuleshova/ Getty Images

Dutch brewer Heineken joint venture is set to open the GCC’s first large-scale brewery in Dubai, a landmark development in a region with historically strict regulations on alcohol sales and consumption.

Sirocco, a joint venture of Heineken and Dubai-based Maritime and Mercantile International, will start building the brewery late next year and has secured all necessary permits, according to a Bloomberg report. Construction is set for completion in 2027.

https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB https://primexbt.investments/start_trading/?cxd=459_549985&pid=459&promo=[afp7]&type=IB

The venture, which has been supplying alcohol in the UAE for nearly 20 years, says local production will boost output to meet growing demand in a market where more than 17 million tourists arrive each year.

Dubai, the Middle East’s business and tourism hub, has permitted alcohol consumption and sales for more than two decades. Recently, the city further relaxed its regulations, aligning with its growing tourism industry.

The city welcomed 10.6 million tourists in the first half of 2024, an 8% increase compared to the same period in 2023. This follows a strong recovery from the pandemic, with Dubai attracting 17.3 million visitors in 2023.

Earlier last year, Dubai also scrapped a 30 per cent tax on alcohol sales and made liquor licences free in an apparent attempt to bolster its status as the Middle East’s leading business and tourism hub.

Heineken will produce brands including Heineken, Kingfisher, Amstel and Birra Moretti in Dubai, and the company plans to expand its workforce to 190 full-time employees from 60 currently.

Read: Dubai’s tourism boom: 9.31 million visitors in H1 2024





Source link

  • Trending
  • Comments
  • Latest
Uniswap Launches Permissionless Bridging Across 9 Networks

Uniswap Launches Permissionless Bridging Across 9 Networks

October 24, 2024
The Evolving International Cannabis Landscape

The Evolving International Cannabis Landscape

March 20, 2024
UK Faces Two Decades of No Earnings Growth and More Austerity

UK Faces Two Decades of No Earnings Growth and More Austerity

July 29, 2023
Watch out for these stocks: Sun Pharma, Yes Bank, Ola Electric, CPCL, Vodafone Idea, Waaree Renewable, Wipro, Tech Mahindra, IDFC First Bank, TVS Supply Chain, ONGC, Vedanta

Watch out for these stocks: Sun Pharma, Yes Bank, Ola Electric, CPCL, Vodafone Idea, Waaree Renewable, Wipro, Tech Mahindra, IDFC First Bank, TVS Supply Chain, ONGC, Vedanta

June 4, 2025
High Street Retailers Pin Hopes On Discount Splurge In Black Friday Fever

High Street Retailers Pin Hopes On Discount Splurge In Black Friday Fever

0
UK Faces Two Decades of No Earnings Growth and More Austerity

UK Faces Two Decades of No Earnings Growth and More Austerity

0
Learn how to trade. For beginners

Learn how to trade. For beginners

0
Trading for beginners

Trading for beginners

0
Client Challenge

Client Challenge

November 18, 2025
Fed’s Waller says weak labour market justifies another rate cut in December – recap

Fed’s Waller says weak labour market justifies another rate cut in December – recap

November 18, 2025
Africa accelerates plans for single digital market by 2030

Africa accelerates plans for single digital market by 2030

November 18, 2025
PBOC sets USD/ CNY mid-rate at 7.0856 (vs. estimate at 7.1096)

PBOC sets USD/ CNY mid-rate at 7.0856 (vs. estimate at 7.1096)

November 18, 2025
ADVERTISEMENT

Recent News

Client Challenge

Client Challenge

November 18, 2025
Fed’s Waller says weak labour market justifies another rate cut in December – recap

Fed’s Waller says weak labour market justifies another rate cut in December – recap

November 18, 2025

Categories

  • Business
  • Crypto
  • Economy
  • Forex News
  • Investing
  • Markets
  • More
  • Stock Trading
  • Trading for beginners

Site Navigation

  • Home
  • Contact Us
  • Stock Trading
  • Markets
  • Investing
  • Other Links
  • Privacy & Policy
Trading & Financial News

We bring you the fastest breaking news on Trading, forex, and finance submitted from credible and reliable news sources around the world.

© 2019-2025 Tradinghow is your trusted hub for forex news, online trading insights, and financial market analysis. www.tradinghow.com

No Result
View All Result
  • Contact Us
  • Home
  • Economy
  • Crypto
  • Investing
  • Markets
  • Forex News
  • Stock Trading

© 2019-2025 Tradinghow is your trusted hub for forex news, online trading insights, and financial market analysis. www.tradinghow.com

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In