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United Arab Emirates: The government of Dubai granted AED 7.3 billion for Emirates Airline

Description

On 31 August 2020, the government of Dubai allocated AED 7.3 billion (approx USD. 1.9 billion) to boost liquidity and support Emirates Airline from the effects of COVID-19 that hit the airline's finan...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

31 Aug 2020

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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