Sun 22-03-2020 22:33 PM

UAE Cabinet approves additional AED16 billion stimulus package

DUBAI, 22nd March, 2020 (WAM) -- The UAE Cabinet has approved an AED16 billion economic stimulus package as part of the Federal Government's additional measures to support the national economy, ensure businesses continuity, and mitigate the coronavirus impact. This came during a virtual meeting held Sunday under the chairmanship of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, as a preventive measure to protect everyone from the Covid-19 coronavirus The latest financial support complements those announced recently...