Dubai approves economic incentives worth AED 1.5 billion, crown prince says on X


Reuters | Updated: 21-05-2026 15:51 IST | Created: 21-05-2026 15:51 IST
Dubai approves economic incentives worth AED 1.5 billion, crown prince says on X

Dubai ​approved ​an additional ‌package of economic ​incentives worth 1.5 billion ‌AED ($408.51 million) on Thursday, bringing the total support introduced over ‌the past two months to ‌2.5 billion dirhams, Dubai's Crown Prince said in a post ⁠on ​X.

The ⁠new package includes 33 initiatives ⁠offering facilitation measures ranging from ​three to 12 months across ⁠key sectors including tourism, trade, ⁠education, ​and customs services, the post by Sheikh Hamdan ⁠bin Mohammed bin Rashid Al-Maktoum said. ($1 = ⁠3.6719 ⁠UAE dirham)

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

Give Feedback