DUBAI FDI ECOSYSTEM
Stimulating the Business Environment to Address COVID-19 Virus Effects
UAE Ministry of Economy is now offering updates about COVID-19, best practices for doing businesses in times of crises COVID-19, insights about UAE’s investment environment, incentives granted for businesses in the UAE, information about FDI law, Coronavirus Reports & Summaries Regarding Investments, and a direct communication with MOE’s Investment Department
Source: Ministry of Economy
Category: COVID-19 FDI Incentives FDI Regulations
28 Jul 2020
Dubai South extends stimulus package until the end of the year
The move aims to help companies navigate the challenges posed by the COVID-19 pandemic and ensure business continuity during the recovery period
Source: Dubai Media Office
Category: COVID-19 FDI Incentives
14 Jul 2020
Emirates Islamic introduces Digital Business Banking package with low minimum balance requirement
The new Digital Business Banking package will empower entrepreneurs, Small and Medium Enterprises (SMEs) and new start-ups in the UAE, to open an account with a minimum balance requirement of just AED10,000
Source: Dubai Media Office
Category: FDI Incentives
11 Jul 2020
Dubai announces new economic stimulus package worth AED1.5 billion
The new package raises the value of business incentives introduced by the emirate’s government in the past few months to AED6.3 billion
Source: Dubai Media Office
Category: COVID-19 FDI Incentives Dubai Advantage
07 Jul 2020
DMCC Extends Business Support Package in Boost to Dubai Economy
The announcement follows the positive market reaction from the Dubai business community to the original package launched in April – DMCC’s largest ever commercial incentive
Source: DMCC
Category: COVID-19 FDI Incentives
06 Jul 2020
Tenants of Dubai Developments Group properties exempted from rentals over the next 3-6 months
The relief package worth AED200 million is an initiative from HH Sheikh Hamdan bin Rashid aimed at supporting the economy as well as the entrepreneurial and real estate sectors.
Source: Dubai Media Office
Category: COVID-19 FDI Incentives
24 Jun 2020
Jafza announces robust incentives to help companies get back to business
The comprehensive range of focused support includes easier rental terms like monthly rentals and deferred rental payments, cost-effective transport services that save costs, enhance ease of accessibility and enable speedier services
Source: JAFZA
Category: COVID-19 FDI Incentives
08 Jun 2020
UAE Cabinet adopts several decisions for improving government work, supporting various sectors facing COVID-19
The cabinet adopted a decision to exempt Hajj and Umrah-related businesses from licence renewal fees from March 2020 to December 2020
Source: Dubai Media Office
Category: COVID-19 FDI Incentives
01 Jun 2020
Dubai Customs cancels fines for late Customs Representative Card renewal/cancellation
The decision will help in promoting economic growth in the UAE, and supporting businesses by mitigating the impact of covid19 on their activities
Source: Dubai Customs
Category: COVID-19 FDI Incentives
30 May 2020
Ministry of Finance announces three new decisions for federal entities to reduce fees, and provide incentives to investors and companies operating in the country
The decisions are part of the ministry’s efforts to boost the national economy and stimulate the country's business environment.
Source: WAM
Category: COVID-19 FDI Incentives