Eating out, poor hand hygiene and erratic weather may be among causes, say medics
Dubai has announced the fifth economic stimulus package to help Covid-affected businesses. The latest package is worth Dh315 million, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, tweeted on Wednesday.
This raises the overall value of business incentives introduced by the emirate’s government to Dh7.1 billion.
>> ALSO READ: The latest package explained
The packages are in response to directives issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.
The decision is based on the recommendations of the Dubai Economy Support Committee, chaired by Sheikh Ahmed bin Saeed Al Maktoum, Second Deputy Chairman of The Executive Council, to continue supporting all economic and business sectors in Dubai.
The Dh315-million package extends the validity of some of the initiatives announced in the previous stimulus packages for another six months — starting from January 2021 until June 2021.
Sheikh Hamdan said: “The Dubai Government continues to assess the current global economic situation and the various developments amid these exceptional circumstances in an effort to develop practical strategies that will enable us to efficiently mitigate the repercussions of the global pandemic on the economy.”
The Crown Prince of Dubai said the government is exerting all efforts to reduce the impact of the global crisis; accelerate the pace of recovery of economic sectors and provide necessary means to ensure business continuity.
“Despite the challenges imposed by the pandemic worldwide, our economy is steadily recovering. We have the capabilities and resources that enable us to achieve economic excellence and accelerate the recovery of our various business sectors. We are confident the next phase will bring new opportunities for entrepreneurs and investors,” Sheikh Hamdan added.
Eating out, poor hand hygiene and erratic weather may be among causes, say medics
The goal-scoring striker is suffering from a muscle injury sustained during the Champions League quarter-final loss to Real Madrid
Lieutenant General Abdullah Khalifa Al Marri, Commander-in-Chief of Dubai Police, made the announcement on Wednesday
6G will further elevate capabilities of robots, AI, autonomous transport and remote surgery/diagnostics among others
The Nobel laureate has been condemned for partnering with Hillary Clinton, an outspoken supporter of Israel's war against Hamas
Net profit (after tax) up 32% per cent y-o-y to Dh1.45 billion
Goalkeeper Eisa delivered a fantastic performance against Al Hilal to help Al Ain reach the final
Volunteers of the Samantha Kerala Sunni Student Federation used the machine to navigate challenging terrain