Boost – Recharging SMEs

The COVID-19 pandemic has greatly affected multiple sectors within local and international economies. Government entities and private sector companies in UAE have taken proactive steps to help mitigate the economic impact of COVID-19 on SMEs

Government Incentives

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Ministry of Economy

Discount available on 94 business services...

Department of Economic Development

20% refund on total rent for all restaurants, cult...

Ghadan 21

The Abu Dhabi Government announced a stimulus pack...

Sharaka

Supplier payment processing times decreased from 4...

Ministry of Human Resources & Emiratisation

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Private Sector Incentives

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Abu Dhabi Commercial Bank

- Working capital facilities of up to 3 months- Refinancing ...

First Abu Dhabi Bank

- Working capital facilities of up to 3 months- Refinancing ...

Abu Dhabi Islamic Bank

- Working capital facilities of up to 3 months- Refinancing ...

Dalma Mall

Rent suspension and cheque deferral from 24th March until fu...

Al Ain Co-op Society

...

Dubai Retail

Rent reductions available upon request...

Meraas

3 months rent deferral for all tenants from 24th March...

LuLu Group

...

City Centre Diera

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City Centre Mirdif

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Mall of the Emirates

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Al Shabhat Plaza

Rent suspension and cheque deferral from 24th March until fu...

Remal Mall

Rent suspension and cheque deferral from 24th March until fu...

Al Jimi Mall

Rent suspension and cheque deferral from 24th March until fu...

Emaar

Rent for April, May and June will be based on a rent-to-sale...

Dubai Mall

Rent for April, May and June will be based on a rent-to-sale...

Yas Mall

Rent suspension and cheque deferral from 24th March until fu...