Dubai AED 1 Billion Economic Package, Relief measures aim to support businesses, residents, and economic stability during regional tensions
Dubai has unveiled a 1 billion dirham ($272 million) plan to support the city’s businesses and residents. Sheikh Hamdan has approved the plan, which will run for 3-6 months from April 1, specifically to support residents during the Iran conflict.
The package is designed to provide greater resilience to Dubai’s economy, to help the underprivileged, and to support businesses and families in difficult times as the Iran conflict continues to cause economic stress and supply chain disruptions. The package is a step in preventing the collapse of Gulf economies, particularly those affected by the closure of the Strait of Hormuz, which has affected shipping and oil flows.
The media office of the relations said that this rule is aimed at long-term economic stability and helping people, especially in difficult times. In the region, the social economy grew by 6.4% in the fourth quarter of 2025, which raised the issue of its strength and stability even among the global level.
Deferral of Government Fees
Does the package include a plan to delay government fees by 3 months to ease financial pressure on businesses? Hotels are paying their sales-related fees and tourism dirhams until further notice, and the customs grace period has been extended from 30 days to 90 days.
Residency Permit Facilitation
New measures have been introduced to simplify the issuance and renewal of residency permits. This step aims to attract and retain skilled professionals, making it easier for them to live and work in Dubai.
Customs Duties Exemption
The Virtual Warehouses Initiative launched under the Basic Customs will exempt exports, such as artwork, from customs duties and financial guarantees. Those that are privately owned artworks will have their duties suspended for 3 years, and a control tracking system will also be implemented, which will be more transparent and effective.
Improved Working Conditions
The Health and Safety Strategy is being launched by workers, with the aim of improving health services and safety standards by 2033. Your initiative is aligned with the long-term strengths of the company and international labour guidelines, so that workers can be more resilient and fit for work.
This economic package already shows a people-first approach, ensuring a strong economy and maintaining consumer confidence. Supporting businesses, developing regulations, and improving governance are mutual goals, even in difficult times, as it leverages its position as a global economic hub.
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