Measures include relief for companies and incentives for trade in a scenario of tension in the Gulf and restrictions in the Strait of Hormuz
The government of Dubai, in the United Arab Emirates, approved a US$272 million (R$1.3 billion) package to support companies and stimulate the local economy. The measures come into force on Wednesday (April 1, 2026) and will be applied over 3 to 6 months.
The announcement was made on Monday (30 March) by the Crown Prince of Dubai and Minister of Defense, Sheikh Hamdan bin Mohammed Al Maktoum, at a meeting of the Executive Council.
The Emirates have been the target of Iranian attacks and face difficulties in the supply chain, worsened by Iran’s control over the strategic route through which a relevant part of global oil and merchandise trade passes. At least 4,000 ships arrived in about 1 month of war.
According to Hamdan, the package seeks to reinforce the economy’s ability to react to this scenario. “The measures are designed to strengthen the resilience, readiness and agility of the economy”he declared. “Our message is clear: Dubai remains committed to supporting individuals, families and businesses with confidence and stability.”
Among the main actions announced by the United Arab Emirates are the postponement of government fees for 3 months, including charges for the hotel sector, in addition to extending the deadline for customs data from 30 to up to 90 days.
The initiative also simplifies the issuance and renewal of residence visas, with the aim of attracting qualified labor.
The package also includes structural projects, such as the creation of virtual warehouses to facilitate the temporary entry of goods — including works of art — without charging fees in the short term.
The Executive Council also reviewed Dubai’s economic performance. The emirate’s GDP (Gross Domestic Product) grew 5.4% in 2025, reaching US$255 billion (R$1.27 trillion). In the 4th quarter, the increase was 6.4%.
For Hamdan, the numbers reinforce the local economy’s ability to adapt. “Dubai has built a reputation for credibility, transparency and trust among global investors and is ready to face any challenge”these.
In addition to the economic package, social and labor initiatives were approved, including a strategy to raise the local population’s standard of living and a plan to guarantee better housing conditions for workers by 2033.
