UAE: Economic stimulus packages, UAQ pay

Risk Management
Issue 1070 - 29 Nov 2018 | 4 minute read

Abu Dhabi fees: In an effort to try and boost private sector activity, the Abu Dhabi Executive Council has agreed to waive local government fees for any new commercial licences issued in the emirate for the next two years, starting from 1 December. The Executive Council also cancelled the fees for 75 basic municipality services and reduced them on a further 23 services by up to 50%. The decisions are the latest element of a Dh50bn ($13.6bn) economic stimulus package called Ghadan 21, which was announced in June.

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