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Tag: United Arab Emirates

Posted on April 19, 2020

UAE central bank urges commercial lenders to use stimulus scheme

The United Arab Emirates central bank on Sunday urged commercial lenders to use the $70 billion-worth of capital and liquidity measures launched by the regulator to support the economy during the …

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Posted on April 19, 2020

India sends hydroxychloroquine to UAE for COVID-19 patients

India has agreed to send hydroxychloroquine tablets to the United Arab Emirates to be used for treating COVID-19 patients, the Gulf Arab state’s embassy in New Delhi said. India last month put a ban …

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Posted on April 19, 2020

UAE announces $5,500 fine for spreading unauthorised coronavirus information

DUBAI (Reuters) – The United Arab Emirates will fine people up to 20,000 dirhams ($5,500) if they share medical information about the coronavirus that contradicts official statements, state news …

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