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Tag: Government Stimulus

UAE’s GDP set to expand 3.5% this year

The UAE's GDP is set to expand 3.5 percent this year against 2.8 per cent in 2018, thanks to a stimulus package worth AED50...

Dubai SME supports 4,227 entrepreneurs with incentive packages worth AED 101...

1,175 Emirati companies were established with support from Dubai SME in 2018 MBRF provided financial assistance worth AED 14 million to 18 companies ...

UAE Industrial Sector to Benefit from Reduced Electricity Tariffs

The UAE Cabinet has adopted a resolution to support the industrial sector by introducing reduced electricity consumption tariffs for large, medium and small factories. This...

New UAE Stimulus Likely to Easy Pressure on Real Estate Sector

UAE stimulus efforts announced this week are needed as housing oversupply trend continues Real estate prices have been on the decline for the last three...