Dubai South has announced a flexible and support package for its SME community at the Business Park, aimed at supporting its growing base of businesses.
The package introduces a range of measures, including rent-free incentives linked to contract renewals, enhanced flexibility on payment deferrals, and the waiver of minor administrative penalties. In addition, current rental rates will be maintained for eligible renewals during this period.
The measures will be evaluated and refined on an ongoing basis to ensure continued alignment with evolving market dynamics.
The initiative aligns with the government’s ongoing commitment to safeguarding economic stability and enabling businesses across the emirate.
It also reflects Dubai South’s continued focus on enabling a resilient and business-friendly environment, particularly for SMEs that play a critical role in driving economic growth and innovation across the emirate.
"This initiative reflects our commitment to enabling our business community by providing practical and timely support, while reinforcing a stable environment for long-term success," said Nabil Al Kindi, Group CEO of Dubai South.
The UAE's Ministry of Energy and Infrastructure has participated in the World Hydrogen Summit & Exhibition in Rotterdam, a leading international platform bringing together policymakers, experts and industry leaders to discuss the future of hydrogen and sustainable energy systems.
US Secretary of State Marco Rubio held talks with Indian Foreign Minister Subrahmanyam Jaishankar on Saturday, as the two sides discussed trade, visas, maritime security and energy supplies, while Washington cited progress on efforts to resolve the Iran conflict.
Dubai-based ENOC Group has signed an agreement with Abu Dhabi company Allied Biofuels Holding to explore the supply and distribution of sustainable aviation fuel, or SAF, from a new production facility being developed in Uzbekistan.
Mexico and the European Union have signed a long-stalled free trade agreement on Friday as they seek to decrease dependence on the US and partially insulate themselves from President Donald Trump's tariffs.
Starting June 1, a 5 per cent Value Added Tax (VAT) will be applied to parking services provided by Parkin and toll tariff and activation fees under Salik.
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