Dubai economic incentives worth AED1.5 billion will support businesses, tourism, education, transport and cultural sectors across the emirate.
DUBAI: Hamdan bin Mohammed bin Rashid Al Maktoum has approved a second major package of Dubai economic incentives valued at AED1.5 billion, further strengthening support measures introduced to accelerate economic resilience and business recovery across the emirate. Combined with the AED1 billion package announced in March, the total value of incentives introduced within two months has now reached AED2.5 billion.
The latest package includes 33 initiatives spanning sectors such as tourism, trade, logistics, education, real estate, transport, construction and arts and culture. Authorities said the measures will be implemented over periods ranging from three to 12 months depending on the initiative and responsible government entity.
Under the new Dubai economic incentives programme, private educational institutions registered with the Knowledge and Human Development Authority will benefit from deferred licence renewal fees, instalment plans and exemptions from certain fines. Early childhood centres will also receive support through licence fee exemptions, partial rent relief and extended rent-free periods for facilities under development.
Tourism and hospitality businesses registered with the Dubai Department of Economy and Tourism will receive exemptions from Tourism Dirham collections, event permit fees and holiday home licence charges. Additional reductions will apply to tour guide fees, desert safari activities and tourism-related classifications.
Businesses contracted with government entities will also benefit from lower financial retention requirements under new measures introduced by the Dubai Department of Finance. Dubai Customs announced instalment payment options for import declarations alongside an 80 per cent reduction in customs-related fines.
The transport and aviation sectors will receive payment deferrals and reduced permit renewal fees, while real estate measures include extending building permit validity and housing loan approvals for UAE nationals.
Appreciating the financial boost, Ramesh Mahalingam, Governor, IBPC Dubai & Founder and Managing Director, Ideal Capital said that, “AED 1.5 billion across 33 initiatives tells you something important: this government reads its business community accurately and responds at scale. Under Sheikh Mohammed’s vision and Sheikh Hamdan’s decisive stewardship, Dubai has consistently demonstrated that leadership here is not ceremonial, it is operational. For Indian entrepreneurs, deferred fees and reduced penalties free up working capital directly. But the signal matters as much as the substance.
Dubai’s strength has never been in avoiding challenges, it has always been in converting every challenge into a new cycle of growth and opportunity. This package tells investors and global businesses that Dubai will continue to move faster than the world, protect enterprise, and strengthen its position as the preferred gateway connecting India, the Middle East, Africa, and the global economy. Investment decisions that were on hold will move.”
Officials said the incentives reflect Dubai’s strategy of closely monitoring economic conditions and supporting small, medium and emerging businesses through flexible policy measures. Analysts believe the expanded Dubai economic incentives package further strengthens investor confidence while reinforcing the emirate’s position as one of the region’s most business-friendly economies.
