March 22, 2020
The UAE Cabinet has approved an AED16 billion economic stimulus package as part of the Federal Government's additional measures to support the national economy, ensure businesses continuity, and mitigate the coronavirus impact.
March 22, 2020
Emirates NBD released a circular explaining different relief measures announced for Small Business, Business Banking Customers, Wholesale banking clients, Trading clients & Islamic Banking clients
March 14, 2020
The Targeted Economic Support Scheme consists of AED50 billion from the CBUAE funds through collateralised loans at zero cost to all banks operating in the UAE and of AED 50 billion funds freed up from banks’ capital buffers.