DIEZ unveils flexible economic measures to support businesses

Supplied

The Dubai Integrated Economic Zones Authority (DIEZ) has introduced a package of flexible economic measures to support businesses operating across its zones.

The initiative aims to help companies navigate current conditions, while strengthening business continuity and operational resilience.

The measures apply immediately across DIEZ’s three zones — Dubai Airport Freezone, Dubai Silicon Oasis and Dubai CommerCity.

They include rent flexibility, with the option to pay in monthly instalments, along with a full waiver of instalment-related fees, as well as the stabilisation of rental rates upon renewal.

Selected administrative fees, including late licence renewal penalties, will also be waived until conditions stabilise.

Additional support includes a three-month deferral of fees related to shareholder amendment and licence activity amendments, along with a waiver of fees associated with company restructuring and authorised capital amendments.

Officials say the move aligns with Dubai’s broader strategy to support the business community, enhance competitiveness and reinforce its position as a leading global investment hub.
 

More from Business

Coming Up on Dubai Eye

  • Starting up with Virtuzone

    10:00am - 11:00am

    Starting Up is back, with a fresh new edition in a brand-new timeslot every Tuesday from 10am-11am.

  • The Agenda

    11:00am - 1:00pm

    Broadcasting every weekday, Georgia Tolley goes beyond the headlines to speak to government ministers, decision makers, analysts and local experts to find out how the news will impact those of us living in the UAE.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!