Photo: The UAE Ministry of Finance building in Dubai, UAE, on Dec 9, 2018. Phuong D. Nguyen/Shutterstock

Islamic Finance

UAE outlines economic strategy to face COVID-19 in two phases


Published 29 Jul,2020 via Asharq Alawsat (English Edition) - The United Arab Emirates (UAE) has outlined its economic strategy to face the coronavirus outbreak and said it is based on two main phases.

According to the Undersecretary of the Ministry of Finance (MoF), Younis Haji al-Khoury, the first is on the short-term.

He said it is the gradual opening of the economy and business activities, while taking into consideration the imposed health measures, and the provision of huge economic support and stimulus plans to the most affected sectors.

Continue reading

Free, in under 30 seconds

Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.

Joined by 12,000+ Islamic economy professionals
  • 5 free articles every month
  • Weekly Islamic-economy newsletter
  • Save articles to read later

tags:

Macroeconomy
Post-lockdown