A UK report confirmed that Dubai is continuously enhancing the competitiveness of its business environment and solidifying its status as an ideal destination for supporting businesses and companies from around the world. The British website "Asian Lite," specialized in following British affairs in Asia, published a report on the prevailing investment climate in Dubai, highlighting the efforts and initiatives undertaken by the Dubai government to improve the quality of this climate, noting that these efforts and initiatives are ongoing and relentless.
The report stated that the latest initiative was announced by the Dubai Finance Department at the beginning of this month, indicating that it is considering a gradual reduction in business activity fees. This move is aligned with the directives of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, aimed at creating the best supportive environment for companies, especially small and medium enterprises operating in Dubai, enabling them to continue growing, succeeding, and thriving, in line with relevant federal financial laws.
Furthermore, "Asian Lite" added that in addition to these efforts, the Dubai government continues to develop policies through its relevant departments and entities that aim to provide the best conditions supportive of foreign investments that bolster various economic sectors in the emirate.
