UAE Sugar-based Tax Comes into Force: Is the Cost of Fizz About to Rise?

06 Jan 2026. The UAE's new sugar-based tax is now live. Will it push up prices on fizzy drinks and sweetened products? We ask Spinneys whether shoppers will feel it at the till. Plus, BYD is now the world's biggest EV company, we speak to Al-Futtaim about demand in the UAE. And UAE banks are switching off OTPs for online purchases. What does that mean for security and customers? We break it down with Abu Dhabi Islamic Bank.

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