Dubai eases government procedures for doing business

@DXBMediaOffice/ Twitter

Dubai is taking further steps to ease the process and cost of doing business.

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai's Crown Prince and Chairman of The Executive Council of Dubai, has issued directives to reduce government-related procedures for doing business by 30 per cent.

It is part of ongoing strategic initiatives to accelerate economic recovery and enhance Dubai’s status as a business hub.

The directives will be implemented within the next three months.

"We will continue to work on unlocking new opportunities for businesses and investors to help them grow. Promoting partnerships with the private sector is a key strategic objective for Dubai," said Sheikh Hamdan.

The latest directives were issued during a meeting chaired by Sheikh Hamdan in the presence of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and First Deputy Chairman of The Executive Council of Dubai.

Dubai’s wide-ranging support measures since the onset of the pandemic, especially its five stimulus packages worth AED 7.1 billion, have helped the private sector ease financial pressure and reduce operating costs.

More from Business

Trending