Dubai.. A new initiative that grants benefits worth more than 80 thousand dirhams and provides 200 hours for business establishment

The Department of Economy and Tourism in Dubai announced the launch of new integrated solutions to support small and medium-sized companies, as part of a new initiative aimed at facilitating and accelerating the establishment and practice of businesses in the emirate, which contributes to significantly reducing time and costs for entrepreneurs.

The department said, during a press conference held today at the Dubai Entrepreneurs headquarters, that the initiative brings together licensing services, banking services, payments, logistics and communications services in one platform, providing a smoother experience for startups and project owners.

She added that the initiative provides integrated solutions that reduce the need for founders to coordinate with different service providers, through the participation of 18 partners from the private sector with the aim of simplifying the procedures for establishing and managing businesses.

The department explained that beneficiary companies can obtain benefits and offers worth more than 80,000 dirhams through packages previously negotiated with partners, in addition to saving up to 200 hours of time usually spent searching for suppliers, comparing offers, and completing registration and activation procedures.

She stressed that the initiative allows entrepreneurs to transform their ideas into operating projects more quickly, in line with the objectives of the Dubai Economic Agenda D33 and enhances the emirate’s position as a global center for business, investment and innovation.