Dubai: The Dubai Executive Council on Wednesday approved a decision not to increase school fees for all private schools in Dubai for the academic year 2018-2019 in order to reduce the financial burden on parents.
Shaikh Hamdan Bin Mohammad bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, instructed the Knowledge and Human Development Authority to put the decision into effect immediately by informing private schools and parents.
19 fees waived
Dubai has waived fees on 19 business activities related to aviation industry and airplane landing with a view to attracting more than Dh 1 billion in aviation sector investments, it was announced on Wednesday.
The move aims to make Dubai a global hub in the aviation industry in line with Dubai Plan 2021 and Dubai Industrial Strategy2030.
The waiver decision was approved on Wednesday by Dubai Executive Council during its meeting chaired by Shaikh Hamdan at Emirates Tower.
The Council also instructed Dubai Land Department to waive late payment fees on property registration imposed by Dubai Land Department for 60 days.
The Council also instructed Dubai Land Department to exempt late real estate registration transactions from a fine of 60 day’s delay in registration, which was 4 per cent.
During the meeting, the council approved the first package proposal of the policy aimed at reducing government fees included in the stimulus initiatives to promote economic growth in Dubai, in accordance with the directives of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister and Ruler of Dubai, aiming to reduce the cost of doing business and enhancing Dubai's attractiveness as a top destination for investments
Shaikh Maktoum Bin Mohammad Bin Rashid Al Maktoum, Deputy Ruler of Dubai, First Deputy Chairman of Dubai Executive Council, and Shaikh Ahmed Bin Saeed Al Maktoum, Second Deputy Chairman, were present.
The Council Members were briefed on the main objectives, strategic programs and timeline for implementation of the policy aiming to reduce the "market fee" from the current 5 per cent to 2.5n per cent, which is being imposed by Dubai Municipality on businesses.
In its first phase, the policy focused on targeting the development of the aviation sector where it aimed to waive a total of 19 fees imposed on aerospace industry and private jet landing.
Another stimulus package is expected in the next phase to target the strategic sectors of Dubai's economy.
On the sidelines of the meeting, the Council adopted the policy of reducing non-communicable diseases and their associated risk factors. The council also approved a policy for applying the information security system to the most important sectors that support the sustainability and continuity of the main functions and services in the Emirate of Dubai.