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Friday, April 26, 2024 17:38 GMT
The United Arab Emirates will reinforce its stockpile of strategic goods and will waive residency visa fines for the rest of the year in response to the coronavirus outbreak, its vice president said on Sunday. Tweeting after a Cabinet meeting, Sheikh Mohammed bin Rashid Al-Maktoum, who is also the UAE prime minister and ruler of Dubai, said authorities had directed factories to support the health sector’s needs in the country, which has recorded 1,505 infections and 10 deaths. Dubai imposed a two-week lockdown on Saturday night, tightening an overnight curfew that the whole of the UAE has been under for 10 days. Daily new cases have increased recently as testing has been stepped up. The UAE central bank also announced new measures on Sunday to guarantee liquidity in the banking system, boosting its stimulus package to a total of US$70 billion from a previously announced US$27 billion.