Dubai has approved a Dh1.5 billion ($400 million) economic incentive package to support the city's business and tourism sectors.
The raft of measures includes suspending the nightly hotel tax, which is Dh20 ($5.45) in higher-tier hotels, and the 7 per cent municipal tax added to hotel and restaurant bills.
It also sets out a range of exemptions for nurseries and private schools, including deferring fees. It is the second package announced by the government following a Dh1 billion relief fund launched in April.
Overall, the fund includes 33 initiatives relating to tourism, trade and logistics, property, construction, education, and arts and cultural activities. They will be implemented over three to 12 months, Dubai Media Office said on Thursday.
Source: The National News
