UAE announces $8.2bn stimulus for companies in vital sectors

Published 05 Apr,2021 via Arab News - Economy DUBAI - The Emirates Development Bank is allocating 30 billion dirhams ($8.17 billion) to support companies regarded as priority for the UAE economy, Dubai Ruler Mohammed bin Rashid Al-Maktoum announced on Monday.

The Dubai ruler said the program will benefit about 13,500 companies “over the coming years,” but did not specify the sectors eligible to get funding.

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