Dr. Nasser Saidi’s comments appeared in the Gulf News article titled “Dubai’s Dh1 billion stimulus: What it means for companies and jobs“, published 3rd April 2026.
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“The Dh1 billion stimulus package is a strong message and signal of public support for the Dubai economy and a confidence building measure that will support business resilience and continuity,” said Dr Nasser Saidi, President of Nasser Saidi & Associates and a former member of the IMF’s Regional Advisory Group for MENA. “By easing immediate financial pressures through the deferral of government fees and immediate support for the hospitality & tourism sectors, it acts as a critical confidence-building measure that supports both local players and global investors.”
“The timing of this stimulus is strategically significant as it complements the Resilience Package launched by the UAE Central Bank. While the Central Bank provides monetary and exchange rate stability, ensuring liquidity and credit flow through the banking system as a lender of last resort, Dubai’s package provides the necessary fiscal policy support. This is a prime example of pro-active government policies and well-structured economic stress management, designed to absorb shocks from the regional conflict.”
Saidi said these steps address immediate liquidity concerns while supporting business continuity. “The package is particularly vital for SMEs, which are more sensitive to negative demand shocks and liquidity crunches. Measures such as extending customs data grace periods and suspending duties on virtual warehouses for the arts provide immediate relief for the industrial and creative supply chains.”
