If you’re worried about the cost of living going up in the UAE, we have a nugget of good news for you. The UAE government has just announced that fees for its services will be frozen for the next three years.
Yep, according to a statement from His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, federal fees for government services won’t be in for any increases over the next three years. That means that everything from activating DEWA to issuing a driving licence won’t go up in price.
Sheikh Mohammed said that the decision around not increasing fees was made to ensure economic stability and to support commercial activities.
“We decided not to increase the federal fees during the next three years, to restore the economic and social stability of the state and to support our industrial and commercial sectors and attract more foreign investments,” he explained on his official Twitter account.
“UAE competitiveness is the main priority for the government, and the next term will witness the launch of many new social-development initiatives, and other initiatives for UAE youth to make them directly benefit from our journey of development.”
So, we might have to swallow the costs associated with VAT, but at least there won’t be any other big price increases for government services over the next few years.