Coronavirus: Sharjah Finance Department announces $1bn liquidity boost in response to impact

In a bid to boost liquidity in the emirate’s banking system, the Sharjah Finance Department (SFD) has established a framework worth $1.1bn....

Consultant

Coronavirus: ADFD unveils $272.2mn loan package to support national companies impacted by COVID-19

The Abu Dhabi Fund for Development (ADFD) has announced a $272.2m initiative to support national companies during the COVID-19 pandemic. The initiative...

Consultant

Mubadala arm offers three month rent waiver to its tenants on Al Maryah Island

The real estate and infrastructure arm of Mubadala Investment Company said it will provide rent waivers for three months, to retail tenants...

Consultant

Coronavirus: ENBD REIT announces rent relief measures to help tenants during COVID-19 crisis

ENBD REIT, the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management Limited, has announced a relief initiative for...

Consultant

Coronavirus: Mubadala announces rent deferment plans for ADGM Square commercial tenants

Rent deferment plans for the ADGM Square development have been announced by Mubadala Investment Company’s real estate and infrastructure arm. The move...

Construction

Coronavirus: Raza announces COVID-19 relief package for commercial tenants

Raza has announced several relief measures for commercial clients in its property portfolio, in response to the spread and economic impact of...

Consultant

Kizad launches packages to support SMEs in response to global impact of COVID-19

A package offering up to 36% of savings for businesses has been launched by Khalifa Industrial Zone Abu Dhabi (Kizad). The package...

Construction

Coronavirus: Nakheel announces $62m economic relief package for customers

Nakheel, the Dubai-based master developer, has announced a $62.6 million economic relief package for customers in the wake of the COVID-19 outbreak,...