Private schools across Dubai will freeze the cost of school fees this academic year, according to a new directive from the Dubai Executive Council.
The council announced there would be no increase in fees for 2018-2019 at a meeting on Wednesday.
"We ordered an immediate freeze on the tuition fees of all private schools in Dubai for the coming academic year (2018-2019), in order to reduce the financial burden on parents," tweeted Sheikh Hamdan bin Mohammed, Crown Prince of Dubai and Chairman of Dubai Executive Council.
A raft of other measures aimed at slashing the cost of doing business in Dubai - and driving up investment in the city are also set to be rolled out.
The Council approved suggestions to slash government fees, aiming to reduce the cost of doing business in Dubai and attracting investors, under the directives of Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai.
According to the directive, market fees imposed by Dubai Municipality will be halved from 5 per cent to 2.5 per cent.
In addition, a total 19 fees related to the aviation industry have been scrapped as Dubai aims to attract foreign investments worth more than Dh1 billion in the sector.
The Council has also asked the land department to waive late payment fees of four per cent on property registration imposed for 60 days.
Sheikh Hamdan chaired the council’s meeting, that happened at Emirates Towers on Wednesday.