Dubai Announces 1 Billion Dirham Economic Support Package amid Iran War

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Dubai has approved economic facilitation measures worth 1 billion dirhams ($272.26 million) to support business sector, with implementation set to begin on April 1 for a period of three to six months, Dubai Crown Prince Hamdan bin Mohammed Al Maktoum posted on X/Twitter on Monday.

The support measures aim to enhance the flexibility of the emirate's economy, strengthen preparedness and enable businesses and families to navigate current economic conditions.

What you need to know

Israel and the US launched Operations Roaring Lion and Epic Fury on February 28, with the stated aim of creating conditions for regime change

Ayatollah Ali Khamenei was killed by an Israeli strike on a Tehran bunker, Iran’s defense minister and several IRGC generals were also killed in the largest-ever aerial attack by the IAF

Iran retaliated by firing across the Middle East at Gulf nations and US military bases in the region

Five IDF soldiers and 22 civilians have been killed, and at least 5,768 more injured in ballistic missile attacks across Israel since February 28 • Eleven US soldiers 

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