Officials from business groups and companies affirmed that the approval by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, of a new AED 1 billion economic support package represents a proactive step toward accelerating economic growth, ensuring business continuity, and strengthening the resilience of the local economy.
They stated that the initiative contributes to creating a flexible business environment by streamlining operational procedures and easing financial burdens, with a focus on supporting liquidity and enhancing business sustainability, further reinforcing Dubai’s position as a leading global investment destination.
They added that the initiative comes at a critical time to support local and international companies, as well as entrepreneurs, reflecting the leadership’s commitment to fostering innovation and empowering the private sector to navigate global economic challenges and transform them into sustainable growth opportunities.
Anticipating the Economic Landscape
Paras Shahdadpuri, Chairman of Nikai Group, said that these initiatives reflect Dubai’s ability to respond with agility and foresight to a rapidly evolving economic landscape, particularly amid current global challenges. He added that measures aimed at enhancing liquidity and supporting workforce well-being contribute to further strengthening Dubai’s position as a leading global business hub.
He noted that the focus on innovation, such as virtual warehousing initiatives, reflects the leadership’s balanced approach to achieving sustainable economic growth, while enhancing business confidence and operational stability.
Enhancing Business Environment Efficiency
Ali Al Shirawi, Chairman of the «Lounge» Group, said that the economic package enhances the efficiency of the business environment and enables companies to plan and expand with confidence by deferring fees and simplifying regulatory procedures. This, in turn, provides businesses with greater flexibility in managing cash flows and allocating resources toward production and expansion.
A Clear Message
Sunil Gokhale, Co-Founder of VentureSouq, said that the economic package sends a clear message to the private sector that Dubai remains committed to enhancing resilience and supporting sustained growth, through fee deferrals, extended payment terms, and streamlined procedures to strengthen liquidity. He noted that extending customs clearance periods and deferring certain tourism-related fees provide companies with greater flexibility to redirect investments toward operations or expansion without impacting their long-term plans.
Strengthening Investor Confidence
Avinav Nigam, CEO of Tern Group, said that the economic package reflects Dubai’s position as a resilient and attractive environment for global investment, with the timing of the initiative further reinforcing investor confidence, particularly amid challenges related to talent mobility.
He added that Dubai continues to advance its digital infrastructure and facilitate access to global talent, creating an enabling environment for innovation in workforce mobility and healthcare sectors.
A Resilient Economy
Tayfun Topkoc, Vice President of International Operations at PeopleStrong, said that the economic package reflects Dubai’s commitment to building a resilient, future-ready economy by placing people and businesses at the heart of its growth strategy.
He explained that measures aimed at enhancing liquidity, simplifying operations, and supporting workforce well-being represent key enablers for strengthening long-term competitiveness.
Operational Sustainability
Armin Moradi, CEO of Qashio, said that the economic package provides small and medium-sized enterprises with the space to sustain their operations and enhance their operational sustainability, particularly during periods of economic uncertainty.
He added that measures such as deferring government fees and granting extended timelines for the settlement of customs duties provide businesses with greater financial flexibility and support their continued operations.
A Proactive Approach
Kalpesh Kachhadiya, Chairman of Klay Group, said that the economic package reflects Dubai’s proactive approach to managing the economy and transforming challenges into tangible growth opportunities, while enhancing liquidity and easing financial burdens on businesses.
A Flexible Policy
Amit Dua, Chairman of Suntec Business Solutions, said that the economic package reflects a flexible policy focused on enhancing liquidity, ensuring business continuity, and strengthening private sector confidence, enabling companies to navigate market fluctuations without disrupting their growth trajectory.
He added that the initiative enhances the efficiency of the operating environment for businesses and contributes to faster market responsiveness.
Supporting Competitiveness
Hamza Dweik, Head of Trading at Saxo Bank, said that the initiative strengthens investor confidence and encourages continued innovation and growth across sectors, underscoring Dubai’s commitment to well-calibrated policies that support competitiveness and reinforce its position as a safe and attractive destination for global capital.
Positive Initiatives
Ibrahim Al Bahr, Director of Al Bahr Studies and Consultations, said that the initiatives announced by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, related to the AED 1 billion economic support package, clearly reflect Dubai’s competitive advantage in adopting proactive measures to support the business environment and enhance economic resilience.
A Visionary Leadership Approach
Rashed Ali Al Ansari, CEO of Al Ansari Financial Group, welcomed the launch of the AED 1 billion economic support package for Dubai’s business sector, approved by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, and Chairman of The Executive Council of Dubai. He said that this high-quality initiative reflects a forward-looking leadership vision that places private sector empowerment and competitiveness at the heart of its priorities.
He added that the significance of this step lies not only in its scale, but also in the speed of its implementation and the precision of its direction, noting that Dubai continues to reinforce its unique model in responding to evolving economic dynamics.
Supporting Operational Efficiency
Naser Taher, Founder and Chairman of MultiBank Group, said that the package of economic facilitations approved by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, and Chairman of The Executive Council of Dubai, represents a significant step in enhancing the efficiency of Dubai’s operating environment and underscores the emirate’s ability to continuously advance its economic frameworks in alignment with evolving market demands and global dynamics.
