Dubai has waived charges on event tickets' sale in a new directive from His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
In a new decree, Sheikh Mohammed has amended some provisions pertaining to the eLicensing and eTicketing System for events in Dubai.
Earlier, Dubai’s Department of Economy and Tourism collected 10 per cent of the actual or estimated value of a ticket sold, or up to AED 10 per guest.
Meanwhile, fees for the annual subscription to the E-Permit and E-Ticketing system will remain unchanged.
It's part of a series resolutions issued by Sheikh Mohammed aimed at raising Dubai’s economic competitiveness, creating a pro-growth business environment, and further raising standards across sectors.
Ahmed Al Khaja, CEO of Dubai Festivals and Retail Establishment, said, “The regulatory amendments, which reaffirm the importance of this sector, provide a strong impetus to the growth of entertainment activities, events and festivals and encourage event companies to organise distinctive events that can attract more visitors to Dubai.
“The flexibility of Dubai’s legislative framework supports DET’s efforts to contribute to achieving the goals of the Dubai Economic Agenda D33."
Emirates takes delivery of its first A350
Morgan Stanley to move regional HQ to Riyadh
AD first in MENA to implement 'Enhanced Transparency Framework'
COP29 unlocks international carbon markets
Adani CFO says US charges linked to only one business contract
