DUBAI 13 March 2020: Dubai has taken measures to reduce the financial burden on residents as part of the Dh1.5 billion stimulus package announced by H.H. Sheikh Hamdan bin Mohammed Al Maktoum,Crown Prince of Dubai and Chairman of the Dubai Executive Council.
The stimulus package features two initiatives that seek to reduce the cost of living and doing business for citizens, expatriate residents and the business community.
One of these is a 10% reduction in water and electricity bills including those charged in the residential, commercial and industrial sector, for a period of three months.
The second initiative reduces deposit paid for water and electricity connections by 50%.
