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Tuesday, April 23, 2024
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Dubai Tourism waives 10% fee on event tickets

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Dubai’s Department of Economy and Tourism has waived a fee of 10 percent of the actual or estimated value of tickets sold, up to a maximum of AED 10 (US$ 2.72) per guest.

The move is part of Decree No. (5) of 2023, which amends some of the provisions of Decree No. 25 of 2013 concerning the e-licensing and e-ticketing system for events in Dubai, Ruler of Dubai Sheikh Mohammed bin Rashid · HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President issued the President and Prime Minister of the UAE.

By helping to enhance Dubai’s status as an international event destination, the decree supports the goals of D33 of the Dubai Economic Agenda, which is to strengthen Dubai’s position as one of the world’s top three cities, and the leadership’s vision to transform Dubai into the world’s most liveable city, visit and work.

The new decree is part of Dubai’s ongoing efforts to strengthen its legislative and regulatory framework to improve its economic capacity and competitiveness. This is also in line with the UAE’s efforts to provide various incentives to strengthen Dubai’s economic ecosystem and promote growth.

The new decree is one of a series of resolutions issued by the Sheikh to enhance Dubai’s economic competitiveness, create a business environment conducive to growth, and further raise standards across industries. Recently, he issued a resolution to establish a new company under the Dubai Ministry of Economy and Tourism to enhance key economic growth drivers, including business attractiveness, development initiatives, ease of doing business, consumer protection and sector governance.

Ahmed Al Khaja, CEO of Dubai Festivals and Retail Authority, said: “Dubai’s leadership continues to support the development of the events sector and increase its contribution to sustainable economic development. The development of festivals and festivals provides a strong impetus and encourages event companies to organize unique events that can attract more tourists to Dubai.”

“The flexibility of Dubai’s legislative framework supports DET’s efforts to achieve the goals of D33 of the Dubai Economic Agenda. We remain committed to enhancing the competitiveness of the business sector and making Dubai the fastest growing and most attractive global business hub. We Initiatives will continue to maximize the benefits of Dubai’s strategic location and advanced infrastructure to ensure it remains a premier destination for global tourism, investment and business,” he added.

By increasing the profitability of event organizers, the new decree provides a strong boost to the industry, which in turn will help attract more people to events and festivals in the city. In 2022, Dubai Business Events (DBE), the city’s official convention bureau under the Ministry of Economy and Tourism, won 232 bids to host global business events in Dubai. – trade arab news agency

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