UNITED ARAB EMIRATES BOOMING ECONOMY OFFERS PROFITS FOR TOBACCO MAJORS
April 1st, 2007
BY PAUL COCHRANE, in DubaiTHE UNITED Arab Emirates' (UAE) US$310 million tobacco market is set to grow by 8% this year on the back of population growth, tourism and a strong economy, but the sector faces sizeable problems with illicit trade that accounts for as much as 33% of the market.Some 6 billion sticks are consumed annually in the UAE, according to British American Tobacco (BAT), with smokers making up 35% of the population, smoking an average of 18 sticks a day."The percentage of male smokers is much high than females as there are more men here," said Ebad ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.