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Rakbank provides relief to individuals, SMEs, corporates

RAS AL KHAIMAH / WAM The National Bank of Ras Al Khaimah (Rakbank) on Tuesday announced further plans to provide financial relief to individuals, SMEs, and corporates impacted by the economic consequences of the coronavirus (Covid-19). For individual customers, the bank will provide payment deferrals of up to three months on auto loans and personal loans for Covid-19 impacted salaried ...

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Dubai Chamber urges private sector to apply remote working

DUBAI / WAM In a video message to the private sector, Hamad Buamim, President and CEO, Dubai Chamber of Commerce and Industry, called on Dubai’s business community to cooperate with the relevant government authorities in implementing preventive and precautionary measures to counter the spread of Covid-19. He urged the private sector to ensure the safety and health of its employees ...

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Covid-19: Sharjah Ruler cuts utility bills for 3 months

SHARJAH / WAM HH Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has directed a 10 percent reduction in the Sharjah Electricity and Water Authority (Sewa) bills in the Emirate of Sharjah for three months. The move is in line with the precautionary measures taken by the government and aimed at facilitating the customers ...

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