Dubai approves new economic stimulus package worth AED 315m

Dubai – Mubasher: Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, announced the approval of an economic stimulus package worth AED 315 million.

This brings the total value of business incentives provided by the emirate’s government to AED 7.1 billion, the ruler of Dubai tweeted on Wednesday.

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

Mubasher Contribution Time: 06-Jan-2021 13:02 (GMT)
Mubasher Last Update Time: 06-Jan-2021 14:19 (GMT)