Dubai announces economic support package of $408 mn to cope with Covid-19

The package is the third announced by Dubai, the second-largest and wealthiest member of the Emirates federation

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Dubai | Coronavirus | Economic recovery

Reuters  |  Dubai 

Dubai. Photo: Shutterstock
Dubai's three packages are worth a total of 6.3 billion dirhams. Photo: Shutterstock

has announced a new package to help the cope with the effects of the outbreak, worth 1.5 billion dirhams ($408 million), the crown prince of the emirate, Hamdan Bin Mohammed Al-Maktoum, said on Twitter on Saturday.

The package is the third announced by Dubai, the second-largest and wealthiest member of the United Arab Emirates federation. The three packages are worth a total of 6.3 billion dirhams, Sheikh Hamdan said.

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First Published: Sat, July 11 2020. 20:01 IST