Photo Credit : WAM
Dubai’s Dubai International Financial Centre (DIFC) has announced a new package of temporary relief measures aimed at supporting businesses and retailers as the region navigates ongoing economic challenges.
The financial hub confirmed that the initiatives are effective immediately and are designed to reduce short-term financial and operational pressures across its ecosystem.
Arif Amiri, Chief Executive Officer of DIFC Authority, said the centre remains committed to supporting its clients, partners and employees during challenging times. He noted that the relief package reflects a proactive approach to maintaining stability while reinforcing the long-term resilience of the DIFC community and Dubai’s position as a leading global financial hub.
The measures introduced by DIFC Authority include flexible payment plans for commercial and retail tenants, installment options for licence renewal fees, and additional support for retailers. Businesses will also benefit from grace periods on selected administrative payments, including those related to lease contracts, the Registrar of Companies, the Data Protection Department, and employee registrations under the Dubai Employee Workplace Savings Scheme (DEWS).
In parallel, the Dubai Financial Services Authority (DFSA) is implementing temporary regulatory relief measures to assist both new firms seeking authorisation and existing regulated entities operating within DIFC.
