Dubai (Urdu Point / Pakistan Point News / WAM – 30 March 2026) His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum Crown Prince Dubaideputy prime minister And the Minister of Defense United Arab EmiratesAnd Chairman of the Executive Board of DubaiIn its presence, the Council adopted a series of initiatives and strategies to empower the individual and society, promote trade and investment, enhance means of measuring economic performance, and protect the workforce.
The meeting approved five main projects and initiatives: 1 one billion In economic incentives DubaiChina’s economy and society as a whole; results Underline DubaiThe emirate’s economic growth during the fourth quarter of 2025, along with an updated methodology for measuring the emirate’s gross domestic product; The Virtual Warehouses Initiative; the Dubai Empowerment strategy; And a health and safety strategy for workers’ housing.
The decisions are in line with the vision of His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the State, and His Highness Sheikh Mohammed bin Zayed Al Nahyan. Rashid Al Maktoum, Vice President prime minister And a ruler Dubai.
His Highness Sheikh Hamdan said: Under the wise leadership of His Highness Sheikh Mohammed bin Zayed and His Highness Sheikh Mohammed bin Zayed RashidWith the determination of its people and its open and inclusive society, United Arab Emirates “In a good position for a better future.” He stressed that United Arab Emirates It has created a global standard for cities built on a clear vision and sound policy.
He added: “Dubai has gained a good reputation in terms of credibility, transparency and trust among companies and investors around the world, and it is ready to face any challenge through the determination of its people and the strength of its inclusive community.”
His Highness Sheikh Hamdan said that the procedures approved at the meeting were reflected DubaiOur commitment to providing practical support to individuals, families and companies.
The meeting was attended by His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Governor Dubaideputy prime minister Minister of Finance Dr United Arab EmiratesHis Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Second Deputy Ruler Dubai.
A set of economic incentives with a total value of 1 one billion It will be implemented over a period of three to six months starting on the first April 2026. The initiative is designed to relieve financial pressures on companies and individuals in various sectors. It includes postponing a group of government Fees for a period of three months, including procedures for allowing hotels to postpone payment of 100% of sales and tourism fees Dirham For a period of three months to enhance liquidity in the hospitality and tourism sectors. Customs declaration grace periods will be extended from From 30 to 90 days with the possibility of further extension and in full compliance with applicable tax legislation. The initiative will also simplify the issuance and renewal of residence permits, making it easier for talent to live and work in Dubai.
The Executive Board approved the results DubaiThe emirate’s economic performance for the fourth quarter of 2025, during which the emirate recorded a growth of 6.4 percent. for a whole year, DubaiGDP grew by 5.4% to reach 937 one billion. The Council also approved a comprehensive update to the measurement methodology Dubaigross domestic product. The updated approach expands the scope of economic surveys, expanding statistical coverage for more accurate representation everyone Economic activities, and provides more comprehensive databases that better reflect actual performance.
The Executive Board approved the virtual warehouse initiative that it oversees Dubai customs. In its first phase, the initiative will facilitate temporary imports to Dubai To ensure the smooth flow of goods, including works of art. Under the new temporary admission declaration, the scheme exempts imports of works of art from Customs duties, financial guarantees, and suspension of fees on private works of art for a period of three years. It also removes geographic restrictions, simplifies time extensions, and provides virtual copies of artworks for high-tech continuous tracking. This builds on it Dubai Customs “Technical Flow” pilot project, which provides significant financial and procedural benefits. By simplifying the entry of high-value artworks, the initiative is strengthened DubaiIts position as a leading global center in this field and provides specialized solutions tailored to high-net-worth individuals.
the Dubai The empowerment strategy has been approved by the Executive Council and is supervised by the Community Development Authority. It is closely aligned with Dubai Social Agenda 33 builds on achievements Dubai Empowerment programme, which has already supported 1,200 people young man Emiratis, created more than 7,000 job opportunities, and the involvement of more than 400 partner entities in various sectors.
The strategy aims to raise living standards, enhance financial stability, and enhance sustainability employmentAnd enhancing social cohesion among the Emirati family. It requires a dual-track approach that provides tailored support for both job Researchers and individuals pursuing entrepreneurship from home. Cross-sector partnership governmentBusinesses and community organizations are at the heart of the strategy.
The meeting also approved a health and safety strategy for workers’ housing. This strategy is a big step towards improving living and working conditions for workers around the world Dubai. By 2033, the strategy targets 100% access to essential services for workers and 100% compliance of worker accommodation with health and safety regulations. The initiative is supported Dubai Urban Master Plan 2040 is in line with international standards exhaustion organized (International Labor Organization) regulations, which reflects DubaiOur commitment to worker well-being and sustainable urban growth.