“Our message is clear: Dubai remains committed to supporting individuals, families and businesses with confidence and stability.”
HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, has announced a new Dhs1 billion support package designed to boost Dubai’s business sector.
Announced on Monday, March 30, during an Executive Council meeting, a series of game-changing initiatives were approved, all designed to strengthen the economy, empower communities, and enhance quality of life across the emirate.
Dhs1 billion for Dubai businesses
Today, I chaired a meeting of The Executive Council, where we approved an AED 1 billion support package for Dubai’s business sector, to be rolled out from 1 April over the next three to six months. The measures are designed to strengthen the economy’s resilience, readiness and… pic.twitter.com/ZBKYGBGppA
— Hamdan bin Mohammed (@HamdanMohammed) March 30, 2026
Among the most crucial incentives for Dubai’s economy, Sheikh Hamdan approved a Dhs1 billion stimulus package set to roll out from April 1, 2026. Aimed at easing financial pressures, the incentives include deferred government and tourism fees, extended customs grace periods, and simplified residency processes — welcome news for businesses, investors, and residents alike.
As per Dubai Media Office, the Dhs1 billion support package will include the deferral of payment for three months of a range of government fees, including measures allowing hotels to postpone paying 100% of the sales fees and Tourism Dirham for three months to enhance liquidity in the hospitality and tourism sectors. Customs data grace periods will be extended from 30 to 90 days, with the possibility of further extension and full compliance with the applicable tax legislation.
Building on 2025’s momentum
The meeting also spotlighted Dubai’s impressive economic momentum. The emirate recorded a 6.4% growth in Q4 2025, contributing to an annual GDP of Dhs937 billion, marking a 5.4% increase overall.
Alongside this, a refined GDP measurement methodology was approved, ensuring even greater transparency and accuracy in tracking economic performance.
Virtual Warehouse Initiative
Another standout is the Virtual Warehouses Initiative, led by Dubai Customs. This innovative scheme streamlines the temporary import of goods by removing duties, easing restrictions, and introducing digital tracking. It’s a move set to further cement Dubai as a global hub for trade.
More new incentives
On the social front, the Dubai Empowerment Strategy was approved as a continuation of work already done to support Emirati talent through employment and entrepreneurship opportunities. Meanwhile, a new Health and Safety Strategy for Workers’ Accommodation aims for 100% compliance and access to essential services by 2033, a significant step in enhancing worker welfare.
These initiatives align with the broader vision of HH Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, and His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, reinforcing Dubai’s reputation as a city built on innovation, inclusivity, and opportunity.
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