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Emirates airline got $2 billion injection from Dubai govt

Reuters Dubai | Updated on August 31, 2020 Published on August 31, 2020

The government of Dubai has injected 7.3 billion dirhams ($2 billion) in new equity into Emirates airline since March, according to a bond prospectus seen by Reuters.

Dubai Crown Prince Sheikh Hamdan bin Mohammed al-Maktoum said in March the government would inject new equity into Emirates to help it survive the coronavirus pandemic, though no such injection has since been announced.

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Published on August 31, 2020