Dubai’s $410mln stimulus package to help SMEs, ease doing business – ZAWYA

Dubai’s $410mln stimulus package to help SMEs, ease doing business – ZAWYA

Dubai's $410mln stimulus package to help SMEs, ease doing business | ZAWYA MENA Edition HomeEconomyGCCArticleDubai's $410mln stimulus package to help SMEs, ease doing business "Our economy is strong, has a stable foundation and has shown high resilience to crises," said Sheikh Hamdan    Dubai Land Department executes real estate transactions worth AED 1.41 billion today. Image courtesy Dubai Media Office Twitter handle.Dubai has launched its third stimulus package on Saturday, to ease the impact of the COVID-19 crisis on businesses.Worth 1.5 billion dirhams ($410 million), the new package, revealed by Crown Prince of Dubai, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, raises the value of business incentives introduced by emirate to 6.3 billion dirhams ($1.72 billion).The first stimulus package announced by the Dubai government was worth 1.5 billion dirhams while the second was worth 3.3 billion dirhams.Worth 1.5 billion dirhams ($410 million), the new package, revealed by Crown Prince of Dubai, Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, raises the value of business incentives introduced by emirate to 6.3 billion dirhams ($1.72 billion).Dubai has launched its third stimulus package on Saturday, to ease the impact of the COVID-19 crisis on businesses.The first stimulus package announced by the Dubai