Picture shown is for illustrative purposes only.
Nakheel announced a Dhs230 million economic relief package for customers in the wake of the COVID-19 outbreak.
The economic relief package aims to help reduce the financial burden faced by businesses and individuals during the current global challenges.
Nakheel’s customers include property owners, retail and hospitality tenants and small business operators. The package includes free rental periods for retail and hospitality partners who operate within the Nakheel Malls portfolio.
This will take effect when the malls, which are currently closed under government directives, reopen. Small retail business owners who lease space at Nakheel’s master communities will also receive a rental holiday.
Nakheel is also waiving administration charges across various services for three months, and, as per government directives, reducing district cooling charges by 10 per cent for three months for commercial and residential customers.
Commenting on the announcement, Mohammed Ibrahim Al-Shaibani, Chairman of Nakheel, said, "Every business and individual in Dubai – and across the globe – is affected in some way by COVID-19. As a leading, responsible developer, we must support and work with our loyal customers and business partners who are facing economic challenges during these unprecedented times."
The resolution stipulates 15 fines starting from Dhs1,000 for failing to wear medical masks indoors by only those individuals suffering from chronic diseases, and those showing cold and flu symptoms or failing to maintain social distancing
Consul General in Dubai and the Northern Emirates Paul Raymund Cortes on Monday said: "All consular services which would include passport, authentication, visa, civil registry shall only be attended to after April 8, Wednesday."
The Palestinian embassy in the UAE had earlier urged the Palestinian community in the country to take part and respond to the national campaign when it was launched.
the decision stems from the UAE's keenness to enable those holding valid residence visas to get reunited with their families after having been affected by the precautionary measures taken under the current exceptional circumstances to contain the spread of the COVID-19 pandemic.
Arabian Travel Market (ATM) has announced that the final preparation of their 2021 edition annual showcase are underway, with the event set to take place in-person at the Dubai World Trade Centre (DWTC) on 16th May and conclude on 19th May, 2021, as
Goldman Sachs Group Inc on Wednesday easily beat Wall Street expectations for first-quarter profit, as the US investment bank capitalized on record levels of global dealmaking activity and a coronavirus-driven boom in stock market trading.
British workers’ average hourly output rose by 0.4 per cent last year, despite a fall of nearly 10 per cent in total production due to the coronavirus pandemic, as lower-paid jobs bore the brunt of COVID lockdown measures. Britain’s Office for National Statistics