Dubai launches fifth coronavirus economic stimulus package | The Business Standard
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THURSDAY, JUNE 05, 2025
Dubai launches fifth coronavirus economic stimulus package

World+Biz

Reuters
06 January, 2021, 05:35 pm
Last modified: 06 January, 2021, 05:40 pm

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Dubai launches fifth coronavirus economic stimulus package

The package, its fifth, takes the total economic stimulus from the government of Dubai, part of the United Arab Emirates, to 7.1 billion dirhams since March last year

Reuters
06 January, 2021, 05:35 pm
Last modified: 06 January, 2021, 05:40 pm
FILE PHOTO: A general view in Dubai, United Arab Emirates. REUTERS/Satish Kumar/File Photo
FILE PHOTO: A general view in Dubai, United Arab Emirates. REUTERS/Satish Kumar/File Photo

The Emirate of Dubai has announced a new stimulus package worth 315 million dirhams ($86 million) to help the economy cope with the effects of the coronavirus pandemic.

The package, its fifth, takes the total economic stimulus from the government of Dubai, part of the United Arab Emirates, to 7.1 billion dirhams since March last year, Dubai Crown Prince Sheikh Hamdan bin Mohammed said on Twitter.

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