The UAE has agreed to provide an additional 16 billion dirhams ($ 4.36 billion) in support to address the repercussions of the Corona Virus outbreak, bringing the total stimulus package to 126 billion dirhams.
According to Reuters, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Ruler of Dubai, said that the authorities have approved new measures to support small and medium-sized companies and ensure the implementation of large government projects in the field of infrastructure.