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UAE Boosts Stockpile of Strategic Items, Waive VISA Fines

The United Arab Emirates will bolster its stockpile of strategic items and waive residency visa fines for the remainder of the year in response to the coronavirus pandemic, its VP stated Sunday.

UAE Boosts Stockpile of Strategic Items, Waive VISA Fines

Sheikh Mohammed bin Rashid al-Maktoum, who is the UAE PM and ruler of Dubai, the region’s tourism and business hub, didn’t say what items have been included in the stockpile or give further particulars on the fine visa waiver.

Tweeting after a cabinet meeting, he additionally stated authorities had directed plants to support the health sector’s requirements within the nation, which has posted 1,505 infections and 10 deaths.

Dubai placed a two-week lockdown Saturday evening, tightening an in a single day curfew that the whole of the UAE has placed for 10 days. Daily new infections in the UAE have increased recently as testing has been intensified.

The UAE central bank further introduced new steps on Sunday to facilitate liquidity in the banking system, ramping up its stimulus package to a total of $70 billion from a beforehand introduced $27 billion.

Elsewhere the UAE’s embassy in the U.K. introduced two charter flights this week to return over 80 Emiratis home. It further stated an Emirates Airline plane had flown 345 British residents back to the U.K., after being unable to return home after the shutdown of UAE airports to international traffic.

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