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MOVE TO CUT LIVING COSTS

Dubai waives fees for selected govt services

DUBAI, February 6, 2020

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has approved a decision to waive a number of service fees of Dubai Government in a move to lower living costs, ease doing business and support investors.

The decision is part of a series of actions that seek to stimulate economic growth in Dubai, and promote its competitiveness, as well as cement its position as a conducive environment for investment and enhance investors and public confidence in the government.

Sheikh Hamdan said: “The role of the government is to promote Dubai to the rank of the most advanced and happiest cities in the world. It is also tasked to serve people and provide the conducive environment to achieve wellbeing of members of society, and cement happiness as a characteristic of the society, that’s why we need to review periodically existing legislations and policies to keep pace with changes and maintain the sustainability of our development journey.”

As part of the decision, a total 2,356 administrative fees of 22 government entities were reviewed, where a new legislation was introduced to regulate and limit the introduction of new administrative fees, to reduce the costs on the public and investors.

Among the fees waived fees of healthcare sector such as fees of medical training activities, and schools awareness campaigns, and sales fees, entry fees for public libraries among others. – TradeArabia News Service




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