The new customs duty, which was to be levied on goods bought internationally with a value of more than AED 300 will no longer apply in Dubai as of March 1, 2023.
This is according to an email sent by Dubai Customs, which also announced that as of March 1, the previous threshold of AED 1,000 for the exemption of parcels and shipments has been reinstated.
In January this year, Dubai introduced new customs duty on goods bought internationally with a value of more than AED 300, which earlier only applied to goods exceeding AED 1,000.
The email said, “Kindly be informed that Paragraph (a) of Article (2) of Customs Notice 5/2022 related to exemption of consignments with value not exceeding AED 300 has been suspended and that it has been decided to re-establish the previous threshold for exemption of parcels/shipments of AED 1,000 effective March 1, 2023, until further notice.”
The duty rate was set at five per cent of the value of the goods, which meant that residents shopping internationally had to pay a five per cent import duty, in addition to the five per cent value-added tax (VAT).
UAE telecoms group e& said on Friday it has agreed to sell its stake in Vodafone for $5.95 billion to the family group of French billionaire Xavier Niel, ending its investment in the British firm after a review of its international portfolio.
Australia and India reached a deal on Thursday to export Australian uranium to India for use in the nuclear energy industry, while agreeing to deepen cooperation in renewables, critical minerals and green hydrogen.
Dubai maintained its strong economic performance in the first quarter of 2026, with the emirate's Gross Domestic Product (GDP) reaching AED 232 billion, reflecting a 2.4 per cent increase from the same period last year.
Dubai Taxi Company (DTC) has completed its acquisition of 100 per cent of the share capital of National Taxi after securing all required regulatory approvals, including from Dubai's Roads and Transport Authority and Abu Dhabi's Integrated Transport Centre.
The UAE has "advanced to ninth place globally among FDI destinations and maintained, for the third year in a row, second global position in number of FDI investment greenfield projects, totalling 1,562 projects," said H.H. Sheikh Mohammed bin Rashid Al Maktoum.
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