Dubai approves Aed 315 million economic stimulus package

Dubai approves Aed 315 million economic stimulus package

Under the directives of His Highness Sheikh Mohammed bin Rashid, we have approved Dubai’s 5th economic stimulus package worth AED 315 million, bringing the total value of all packages to AED 7.1 billion.

We continue to implement the required support structures for all sectors to overcome this global crisis.

The new package includes fee exemptions & payment extensions on previous initiatives. Our goal is for all businesses to benefit & move past this phase to resume their ambitious goals, with a solid public-private sector partnership that creates fresh opportunities for the future.

Dubai in their initiative to help businesses curb the global pandemic and relieve businesses the stress caused by the pandemic. This is also intended to welcome more investors in the country as they await the mega expo 2020 which will be in October 2021.

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