Ajman Crown Prince postpones all business fines; announces new economic incentives

Ajman Crown Prince postpones all business fines; announces new economic incentives

The new economic stimulus package provides relief to businesses operating across foreign trade, customs, tourism and real estate sectors. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and chairman of the Executive Council, announced a second economic stimulus package on April 8 to help businesses in the emirate cope with the economic fallout of the ongoing Covid-19 crisis, reported news agency WAM.. Sheikh Ammar announced the postponement of the payment of fines and penalties for all businesses in the emirate until the end of the current year..