His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, approved the measures during a high-level council meeting. Among the key decisions is AED1 billion in economic incentives, including a three-month deferral of Tourism Dirham and hotel-related fees to support hospitality liquidity and boost visitor demand. Dubai also reported strong GDP growth of 5.4 percent in 2025, reaching AED937 billion, reinforcing its position as a leading global tourism and business hub. Dubai has unveiled a sweeping set of economic and tourism-focused initiatives aimed at accelerating growth, enhancing investor confidence, and strengthening the emirate’s global appeal. His Highness Sheikh Hamdan said: “Under the visionary leadership of His Highness Sheikh Mohamed bin Zayed and His Highness Sheikh Mohammed bin Rashid, and with the determination of its people and an open, inclusive society, the UAE is well-positioned for a better future.”
“Dubai has earned a reputation for credibility, transparency, and trust among businesses and investors worldwide,” he added.
