Economics
U.A.E. Sets Two-Stage Plan to Reopen Economy as Virus Spreads
People wearing protective masks push bicycles along a street in the Satwa district of Dubai on May 6.
Photographer: Karim Sahib/AFP via Getty ImagesThis article is for subscribers only.
The United Arab Emirates rolled out a two-phase plan to reopen the economy amid efforts to contain the spread of the coronavirus.
In the first phase, the economy will reopen supported by incentives for the private sector that are at 282.5 billion dirhams so far, state-run news agency WAM reported, citing Economy Minister Sultan Al Mansoori.