Coronavirus
Dubai Announces Economic Incentive Package for its Free Zones
(Bloomberg) — Dubai announced an economic incentive package for its free zones on Saturday in the light of “exceptional circumstances” related to the coronavirus pandemic.
The measure consists of five parts, including postponing rent payments for six months and cancellation of some fines for companies and individuals, the state-run Emirates News Agency reported. The city is home to a number of free zones, including the Dubai International Financial Center.
The United Arab Emirates previously rolled out a $34 billion stimulus package to fend off the impact of the coronavirus. The Gulf nation has reported 468 virus cases so far, including two fatalities.
-
Alamaliktistaad Magazines2 months agoAlam Al Iktisaad – September 2025 Edition
-
News2 months agoKitchenomiKs Secures Investment of US$3.2M Led by Jasoor Ventures
-
Banking & Finance2 months agoOman Arab Bank Highlights Its Ongoing Strategic Initiatives and Future Plans
-
News2 months agoIEA Expects Global Oil Market to Remain Oversupplied in 2026
-
Energy2 months agoWLGA Middle East LPG Summit & Expo 2025 to be held at OCEC on November 10 and 11
-
Real Estate2 months agoAl Mouj Muscat Unveils Azura Beach Residences Phase 2: A New Chapter in Waterfront Living
-
Leaders Speak1 month agoDhofar International Development and Investment Company: Driving Sustainable Growth and Strategic Synergies in Oman’s Investment Landscape
-
Events1 month agoOER Corporate Excellence Awards 2025 Honours Entities and Innovations in Oman
