Known for its business-friendly policies and advanced infrastructure facilities, the UAE continues to attract foreign investment to the country amid the COVID-19 pandemic.

Earlier this month, the Dubai Free Zone Council announced an economic stimulus package to reduce business costs and improve financial liquidity of free zone companies. The package included exemption from Tawtheeq fees, waiving commercial and industrial forfeits, exempting commercial vehicles from annual registration fees (till the end of 2020), exempting all vehicles from road tolls (till the end of 2020), suspending tourism and municipality fees for tourism and entertainment sectors and offering up to 20% discount on rental values for restaurants, tourism and entertainment sectors.