Dubai launches second economic incentives package worth $408 million
The incentives include exemptions from municipal fees for hotels and restaurants, reduced fines for customs violations and lower fees for civil aviation permits
May 21, 2026 11:31
DUBAI: Dubai will provide economic incentives worth more than $400 million, authorities said Thursday, as businesses struggle to cope with the aftermath of the Middle East war and Iran’s blockade in the Strait of Hormuz.
Authorities approved “a second package of economic incentives valued at AED 1.5 billion ($408 million),” the Dubai government’s media office said in a post on X.
