Tag: COVID-19 Support
Sharjah rolls out 2nd stimulus package to tackle economic crisis
To help the economy deal with the fallout of the COVID-19 pandemic, Sharjah has rolled out a second stimulus package worth $139.39 million.
The package, introduced...
“Keep spending on COVID-19 crisis:” IMF urges G20 economies
The International Monetary Fund (IMF), the global financial organization, warned Group of 20 (G20) major economies that the COVID-19 crisis is not over and...
Dubai South extends incentive package till the end of the Year
One of the strategic business hubs established by the regional government, Dubai South Free Zone has extended its incentive package for Business Park and...
IFC invests $1bn on MENA’s private firms in critical sectors
A member of the World Bank Group, International Finance Corporation (IFC), has invested $5.6 billion in 2020 fiscal to help the private sector in...
WHO’s WhatsApp helpline serves millions amid the pandemic
The World Health Organization (WHO) has collaborated with WhatsApp and Facebook to instantly share all relevant COVID-19 information directly to users. The service had...
Bahrain will pay 50% Salary and Utility Charges for Private Sector...
Bahrain Government is extending its stimulus measures to support private-sector jobs and citizens by contributing to 50% of salary and monthly utility charges such...
Global COVID-19 Fundraising; Celebrity backed event raised $6.9bn in 24 Hours
A star-studded, global fundraising meeting yesterday raised $6.9 billion from the European Commission, the United States and close to 40 other nations to fight...
Netherland airline KLM agrees to $3.82bn government-backed funding
Netherland-based air carrier KLM has successfully availed a $3.82 billion, conditional government-backed support which will help the airline to see navigate the coronavirus crisis....
