Economic support to minimise the impact of COVID-19

Central Bank of the UAE (CBUAE) launched an AED 100 billion comprehensive Economic Support Scheme for retail and corporate customers affected by COVID-19. Abu Dhabi Executive Council announced an economic stimulus package which includes allocating AED 3 billion to the SME Credit Guarantee Scheme. Dubai Government launched an AED 1.5 billion economic stimulus package which seeks to enhance liquidity and reduce the impact of the current global economic situation.


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