{"id":8025,"date":"2021-06-14T16:24:29","date_gmt":"2021-06-14T12:24:29","guid":{"rendered":"https:\/\/keyonerealtygroup.com\/?p=8025"},"modified":"2025-04-29T17:45:02","modified_gmt":"2025-04-29T13:45:02","slug":"30-reduction-on-business-costs-in-dubai","status":"publish","type":"post","link":"https:\/\/www.keyone.com\/blog\/30-reduction-on-business-costs-in-dubai\/","title":{"rendered":"30% reduction on business costs in Dubai"},"content":{"rendered":"\n<p>Last Wednesday, June 9, the Crown Prince of Dubai chaired a meeting in the presence of Sheikh Maktoum bin Mohammed bin Rashid al Maktoum, Deputy Ruler of Dubai regarding the reduction of business costs in Dubai by a third of its original costs.<\/p>\n\n\n\n<p>The move is part of His Highness\u2019 Sheikh Mohammed bin Rashid Al Maktoum\u2019s vision to make Dubai a <a href=\"https:\/\/www.keyonerealtygroup.com\/blog\/global-property-investors-favor-the-uae\/\" target=\"_blank\" rel=\"noreferrer noopener\">premier global investment hub.<\/a><\/p>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" data-id=\"7861\" src=\"https:\/\/www.keyonerealtygroup.com\/blog\/wp-content\/uploads\/2021\/04\/expo2020-buildingterrace-1-3200-x-1800-1024x576.jpg\" alt=\"expo 2020\" class=\"wp-image-7861\" srcset=\"https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/04\/expo2020-buildingterrace-1-3200-x-1800-1024x576.jpg 1024w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/04\/expo2020-buildingterrace-1-3200-x-1800-300x169.jpg 300w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/04\/expo2020-buildingterrace-1-3200-x-1800-768x432.jpg 768w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/04\/expo2020-buildingterrace-1-3200-x-1800-1536x864.jpg 1536w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/04\/expo2020-buildingterrace-1-3200-x-1800.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" data-id=\"7859\" src=\"https:\/\/www.keyonerealtygroup.com\/blog\/wp-content\/uploads\/2021\/04\/expo2020-alwasl-14-3200-x-1800-1024x576.jpg\" alt=\"expo 2020\" class=\"wp-image-7859\" srcset=\"https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/04\/expo2020-alwasl-14-3200-x-1800-1024x576.jpg 1024w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/04\/expo2020-alwasl-14-3200-x-1800-300x169.jpg 300w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/04\/expo2020-alwasl-14-3200-x-1800-768x432.jpg 768w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/04\/expo2020-alwasl-14-3200-x-1800-1536x864.jpg 1536w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/04\/expo2020-alwasl-14-3200-x-1800.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"576\" data-id=\"7862\" src=\"https:\/\/www.keyonerealtygroup.com\/blog\/wp-content\/uploads\/2021\/04\/expo2020-pavilion-mobility-2-3200-x-2000-1024x576.jpg\" alt=\"Expo 2020\" class=\"wp-image-7862\" srcset=\"https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/04\/expo2020-pavilion-mobility-2-3200-x-2000-1024x576.jpg 1024w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/04\/expo2020-pavilion-mobility-2-3200-x-2000-300x169.jpg 300w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/04\/expo2020-pavilion-mobility-2-3200-x-2000-768x432.jpg 768w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/04\/expo2020-pavilion-mobility-2-3200-x-2000-1536x864.jpg 1536w, https:\/\/www.keyone.com\/blog\/wp-content\/uploads\/2021\/04\/expo2020-pavilion-mobility-2-3200-x-2000.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<\/figure>\n\n\n\n<p>Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai has issued directives to reduce government procedures for doing business by 30% in the next three months.<\/p>\n\n\n\n<p>It is also the latest initiative in a series of boosters the government has implemented in order to support the<a href=\"https:\/\/keyonerealtygroup.com\/blog\/expo-2020-buoys-the-real-estate-mark\/\" target=\"_blank\" rel=\"noreferrer noopener\"> economy and boost its growth<\/a>.<\/p>\n\n\n\n<p>\u201cWe have made significant progress in strengthening Dubai\u2019s economic recovery. Normal life has resumed, and the increased stability of businesses will help raise the sustainability of Dubai\u2019s economy,\u201d Sheikh Hamdan said.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">.<a href=\"https:\/\/twitter.com\/HamdanMohammed?ref_src=twsrc%5Etfw\">@HamdanMohammed<\/a>: Under the guidance of Vice President and Prime Minister of the <a href=\"https:\/\/twitter.com\/hashtag\/UAE?src=hash&amp;ref_src=twsrc%5Etfw\">#UAE<\/a> and Ruler of <a href=\"https:\/\/twitter.com\/hashtag\/Dubai?src=hash&amp;ref_src=twsrc%5Etfw\">#Dubai<\/a> His Highness Sheikh Mohammed bin Rashid Al Maktoum, we have made significant progress in strengthening Dubai\u2019s economic recovery. <a href=\"https:\/\/t.co\/GjaVhDNfiU\">pic.twitter.com\/GjaVhDNfiU<\/a><\/p>&mdash; Dubai Media Office (@DXBMediaOffice) <a href=\"https:\/\/twitter.com\/DXBMediaOffice\/status\/1402664046306811909?ref_src=twsrc%5Etfw\">June 9, 2021<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>\u201cWe are determined to further support businesses and deepen the confidence of investors as part of ensuring a win-win partnership.\u201d He added.<\/p>\n\n\n\n<p>Since the beginning of the pandemic, Dubai\u2019s nonstop efforts in easing the private\u2019s sector financial pressure can be seen in its 5 stimulus packages worth AED 7.1 billion. In fact, in February, it was reported that UAE, as a whole, provided a total of AED 395 billion in financial support.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">Dubai\u2019s public &amp; private sectors have a long-standing partnership, and as part of expanding its scope,we are seeking to grant the private sector more access to govt projects.We will also continue efforts to further enhance Dubai\u2019s business environment &amp; investment attractiveness.<\/p>&mdash; Hamdan bin Mohammed (@HamdanMohammed) <a href=\"https:\/\/twitter.com\/HamdanMohammed\/status\/1402648784899805185?ref_src=twsrc%5Etfw\">June 9, 2021<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>&#8220;We will continue to work on unlocking new opportunities for businesses and investors to help them grow. Promoting partnerships with the private sector is a key strategic objective for Dubai,&#8221; said Sheikh Hamdan.<\/p>\n\n\n\n<p>Several companies also introduced their own Covid-related initiatives to support their employees and businesses which worked well together with government efforts and strengthened the overall economy of the country.<\/p>\n\n\n\n<p>Dubai has weathered the repercussions of the global pandemic very well.<\/p>\n\n\n\n<p>Source: <a href=\"https:\/\/www.khaleejtimes.com\/business\/dubai-cost-of-doing-business-set-to-be-reduced-further\" target=\"_blank\" rel=\"noreferrer noopener\">Khaleej Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Wednesday, June 9, the Crown Prince of Dubai chaired a meeting in the presence of Sheikh Maktoum bin Mohammed bin Rashid al Maktoum, Deputy Ruler of Dubai regarding the reduction of business costs in Dubai by a third of its original costs. The move is part of His Highness\u2019 Sheikh Mohammed bin Rashid Al [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8029,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[139,140,141,8,9,94,11,142,16,17,58],"class_list":["post-8025","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-investment","tag-covid-19-2","tag-dubai-economic-growth","tag-dubai-economy","tag-dubai-investment","tag-dubai-real-estate","tag-expo-2020","tag-invest-in-dubai","tag-investment-hub","tag-properties-for-sale-in-dubai","tag-property-management-companies-in-dubai","tag-united-arab-emirates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>30% reduction on business costs in Dubai - Key One blogs<\/title>\n<meta name=\"description\" content=\"The Crown Prince of Dubai has issued directives for the reduction of business costs in Dubai by 30% in the next three months.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.keyone.com\/blog\/30-reduction-on-business-costs-in-dubai\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"30% reduction on business costs in Dubai - 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