The Aga Khan Economic Planning Board UAE (AKEPB) aims to capture information related to the economic impact of COVID-19 as it applies to small businesses and employees as well as to individuals and families. Efforts are being made to ensure that timely and relevant information is available. The information in this document is provided as general information only and is not meant as legal or other professional advice. If you require specific legal advice on any issue, please consult a qualified lawyer or other appropriate professionals. The accuracy of the information contained in linked websites is not guaranteed. The Ismaili Council for the UAE, AKEPB and any other Ismaili institutions are NOT affiliated with any of the external websites in this document, and do not assume any responsibility or liability for the content provided therein. Any reliance you place on such material is therefore strictly at your own risk.
Resources:
- Economic Impact
- Federal Government Support
- Immigration
- Resources for:
- Support for SMEs
- Support for F&B Businesses
- Investments and Financial Planning
- Employment
- Working From Home
- Upgrade Your Skills
Economic Impact
As you are aware, the COVID-19 outbreak has now affected almost every country around the world. From an economic standpoint, the impact of COVID-19 has resulted in a period of significant uncertainty and volatility. It is highly likely that economic growth will slow down in the coming months. Given the prevailing environment, the Aga Khan Economic Planning Board UAE (AKEPB) would like to share articles and resources which may be of interest to the Jamat.
For frequently asked questions about COVID-19, kindly refer to the following websites:
Federal Government Support
An overview of Federal Government support with regards to the UAE and Region countries can be found here.
UAE
- CBUAE’s Economic Support Scheme
- Dh126 Billion to Ease COVID-19 Impact - Economic Response Plan
- UAE Approves Decisions on Reducing Water and Electricity Bills for Businesses
- Abu Dhabi - Economic Stimulus Package - Ghadan 21
KSA
Qatar
Bahrain
Kuwait
- Reduction in the Discount Rate from 2.50% to 1.50%
- Establishment of a KWD 10M Fund to Support COVID-19 Containment Efforts
- Three Month Deferral of the Collection of Payments from Affected Customers
Oman
Immigration
UAE
- Services for those UAE Residents Currently Stuck Outside the Country
- UAE Visit, Tourist Visas will be Valid till End of 2020
Support for SMEs
Financial Institution Support
UAE
- UAE Central Bank Link
- Dubai DED Link
- Sharjah EDD Link
- 17 Financial Initiatives for Individuals & SMEs
- Dubai Free Zones
- Nakheel
- Dubai Holding & Meraas
Qatar
Oman
Bahrain
KSA
World Health Organization
Legal
Insurance
Consulting
Supply Chain
Banking
Support for F&B Businesses
Commission-free ordering platform for restaurants & more options
Employee Outreach
Investments and Financial Planning
General
Tax Relief
Employment
General
- UAE Ministry Regulates Employer-Employee Relations In private Sector
- Your COVID-19 and Employment Questions Answered
- Labour Law FAQ for UAE Employers
- COVID-19: Guidance for Employers in the UAE Link 1
- COVID-19: Guidance for Employers in the UAE Link 2
- MOHRE Guidance on Protecting your Employees
- Contact - MOHRE
Employment Insurance
Employee
The Work From Home (WFH) Set-up Process
Need advice on getting your teams started and optimizing their productivity at home? Below, you can find valuable resources with all the tips and tools you need to start setting up your team working from home while keeping them engaged, focused, and productive in a remote working setup:
Setting Up Your Tech Stack
LinkedIn Learning Guide
Productivity Tips
Slack Webinar
Remote Working Guidelines
