Dubai and Abu Dhabi of the United Arab Emirates announced measures, including tax relief, to address the effects of the coronavirus (COVID-19) outbreak.
The Dubai government on 12 March 2020 announced an economic stimulus package to enhance liquidity in response to the COVID-19 outbreak. Included in the package are the following measures:
Abu Dhabi has also announced initiatives focused on supporting small and medium-size enterprises (SMEs) and easing the availability of loans to local companies and include:
Read a March 2020 report prepared by the KPMG member firm in the United Arab Emirates
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