Dubai launches second economic incentives package worth $408 million

Dubai launches second economic incentives package worth $408 million Dubai is set to provide economic incentives worth over $400 million, as businesses struggle to cope with the aftermath of the Iran war and the closure of the Strait of Hormuz. Authorities approved "a second package of economic incentives valued at AED 1. 5 billion ($408 million)", the Dubai government's media office said in a post on X.