Hamdan bin Mohammed bin Rashid Al Maktoum has approved a new economic incentives package worth Dh1.5 billion aimed at strengthening Dubai’s economic resilience and global competitiveness.
The announcement was made on Thursday by Sheikh Hamdan, who also serves as UAE Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai.
The latest package brings the total value of economic support introduced in Dubai over the past two months to Dh2.5 billion.
According to Sheikh Hamdan, the second package includes 33 initiatives that will be implemented over a period ranging from three to 12 months. The measures target key sectors including tourism, trade, education, customs, transport, and civil aviation.
Under the tourism sector, the incentives include exemptions from the collection of the Tourism Dirham and municipal fees on hotel room and restaurant sales. Authorities will also waive permit, postponement, and cancellation fees for events.
In the commercial sector, companies registered under The Mohammed bin Rashid Establishment for Small and Medium Enterprises whose memberships expire in 2026 will receive a two-year licence extension. The package also includes exemptions from fees on sales and promotional offers, while the final retention security for supply contracts will be reduced from 10% to 2%.
The education sector will receive several relief measures, including exemptions and facilitations for early childhood centres, as well as deferred and instalment-based payments for licence renewal fees and fines applicable to private educational institutions.
Customs-related incentives include the option to pay outstanding import customs declaration amounts in instalments and an 80% reduction in fines linked to customs cases.
Additional measures announced for other sectors include deferred payments for transport-related activities, exemptions from selected fines, and a 50% reduction in fees for renewing civil aviation activity permits.
The new package forms part of Dubai’s broader efforts to support businesses, stimulate economic activity, and mitigate the financial impact on key industries.