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Dubai launches fifth coronavirus economic stimulus package

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The Emirate of Dubai has announced a new stimulus package worth 315 million dirhams ($86 million) to help the economy cope with the effects of the coronavirus pandemic.

The package, its fifth, takes the total economic stimulus from the government of Dubai, part of the United Arab Emirates, to 7.1 billion dirhams since March last year, Dubai Crown Prince Sheikh Hamdan bin Mohammed said on Twitter. 

Main Photo: 300 drones illuminate the sky of the Bluewaters Island showing different shapes (L-R Dubai Eye Wheel, Dubai Frame, and Burj Al Arab) on occasion of the Dubai Shopping Festival 2021 in Dubai, United Arab Emirates, 05 January 2021. Dubai has celebrated the 26th edition of the Dubai Shopping Festival (DSF) which is running until 30 January 2021. EPA-EFE/ALI HAIDER

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