Tag: Government Stimulus
Economic Impact of COVID-19 Around The World
UK to pay up to 80% of employee wages for those unable to work due to the pandemic.
US lawmakers continue negotiations over...
UAE Central Bank Announces $27.2 Billion Economic Support Scheme
The Central Bank of the UAE, CBUAE, has launched an AED100 billion comprehensive targeted economic support scheme for retail and corporate customers affected by...
Dubai Launches $400 Million Economic Stimulus Package for Next 3 Months
Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, Crown Prince of Dubai...
UAE’s GDP set to expand 3.5% this year
The UAE's GDP is set to expand 3.5 percent this year against 2.8 per cent in 2018, thanks to a stimulus package worth AED50...
Dubai SME supports 4,227 entrepreneurs with incentive packages worth AED 101...
1,175 Emirati companies were established with support from Dubai SME in 2018
MBRF provided financial assistance worth AED 14 million to 18 companies
...
UAE Industrial Sector to Benefit from Reduced Electricity Tariffs
The UAE Cabinet has adopted a resolution to support the industrial sector by introducing reduced electricity consumption tariffs for large, medium and small factories.
This...
New UAE Stimulus Likely to Easy Pressure on Real Estate Sector
UAE stimulus efforts announced this week are needed as housing oversupply trend continues
Real estate prices have been on the decline for the last three...