Dubai Approves AED1 Billion Support Package to Boost Economic Resilience
Measures include fee deferrals, liquidity support, and trade facilitation as the emirate moves to ease market pressures and sustain growth.
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Dubai has approved a AED1 billion (US$272 million) economic support package aimed at strengthening business resilience and easing market pressures, with implementation set to begin on April 1, 2026, for a period of three to six months.
The package was approved by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum during a meeting of Dubai’s Executive Council, as part of efforts to enhance economic flexibility, support liquidity, and ensure a rapid response to evolving conditions.
Officials said the measures come as Dubai continues to demonstrate strong economic momentum, with gross domestic product expanding by 5.4% in 2025 to exceed AED937 billion.
Key measures include the postponement of selected government fees for three months to ease financial pressures on businesses, along with the deferral of hotel sales fees and the tourism dirham fee to support the hospitality and tourism sectors.
To facilitate trade, customs clearance grace periods will be extended from 30 to 90 days, with the possibility of further extensions, providing additional flexibility for exporters and importers.
The package also introduces incentives to streamline the issuance and renewal of residency permits, aimed at attracting and retaining talent.
Additional initiatives approved include a Virtual Warehouses Initiative to facilitate temporary imports and exempt certain goods, including artwork, from customs duties under specific conditions.
A Dubai Empowerment Strategy will focus on improving living standards, financial stability, and employment opportunities for Emirati families, while a new Health and Safety Strategy for Workers’ Accommodation aims to enhance living conditions and ensure full compliance with regulations by 2033.
Dubai’s leadership said the emirate remains committed to supporting businesses, individuals, and families, with a focus on maintaining stability and reinforcing its position as a leading global economic hub.
Related: Dubai’s Business and Investor Confidence Holds Firm Amid Regional Uncertainty
Dubai has approved a AED1 billion (US$272 million) economic support package aimed at strengthening business resilience and easing market pressures, with implementation set to begin on April 1, 2026, for a period of three to six months.
The package was approved by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum during a meeting of Dubai’s Executive Council, as part of efforts to enhance economic flexibility, support liquidity, and ensure a rapid response to evolving conditions.
Officials said the measures come as Dubai continues to demonstrate strong economic momentum, with gross domestic product expanding by 5.4% in 2025 to exceed AED937 billion.
