DUBAI
In a bold move to shield its economy from regional tensions, Dubai has unveiled a massive relief package to support local businesses and workers.
Starting April 1, 2026, the government will roll out a Dh1 billion incentive plan designed to lower costs and keep the city’s trade engine running smoothly.
The plan offers a much-needed breathing room for the private sector. Hotels and tourism companies can now postpone paying government fees, such as sales and tourism charges, for up to six months. Additionally, trading companies will get more time to handle paperwork, with a new 90-day grace period for submitting customs data. To further boost global trade, a “Virtual Warehouses” project will allow goods and artwork to enter the city temporarily without paying any customs duties.
Dubai isn’t just focusing on money; it is also looking for talent. The government is simplifying residency permits to make it easier for skilled professionals from around the world to live and work in the emirate. This follows a strong year for the city, which saw its economy grow by 5.4 percent in 2025.
On the social front, the “Dubai Empowerment Strategy” is already creating thousands of jobs for citizens. New plans are also in place to upgrade housing for workers, ensuring better safety and living standards by 2033. By cutting red tape and supporting its people, Dubai aims to remain a stable and thriving hub during uncertain times.