{"id":23519,"date":"2020-03-13T13:45:46","date_gmt":"2020-03-13T09:45:46","guid":{"rendered":"https:\/\/lovindubai.com\/?p=23519"},"modified":"2020-03-13T13:49:52","modified_gmt":"2020-03-13T09:49:52","slug":"water-and-electricity-bills-to-be-reduced-in-dubai","status":"publish","type":"post","link":"https:\/\/lovin.co\/dubai\/en\/news\/water-and-electricity-bills-to-be-reduced-in-dubai\/","title":{"rendered":"Water And Electricity Bills Have Been Reduced To Ease The Cost Of Living In Dubai"},"content":{"rendered":"
Under the directives of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the Dubai Government on Thursday took to social media to announce an AED1.5\u00a0billion economic stimulus package for the next three months, due to the Coronavirus outbreak to support the business sectors in Dubai.<\/p>\n
The Covid-19 outbreak has severely impacted the\u00a0global economic situation, thus this newly launched\u00a0stimulus package is aiming to provide the highest support for citizens, expats and investors in the UAE under these exceptional circumstances. As the\u00a0package seeks to enhance liquidity and reduce the overall impact of the current global slump.<\/p>\n
Announced by, Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai the\u00a0stimulus package developed by Dubai Government includes 15 initiatives consisting of the commercial sector, retail, external trade, tourism, and the energy sector.\u00a0The package is meant to have a positive direct and indirect impact on all other sectors as well, over the next three months.<\/p>\n
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The first initiative will see a 10% reduction in water and electricity bills from residential, commercial and industrial sectors, for a period of THREE months. The second initiative reduces the deposit amount that’s paid for your\u00a0water and electricity connections by 50%.<\/p>\n
\nEasing the cost of living by reducing water and electricity bills by 10% for all Dubai customers, including residential, commercial and industrial for a period of 3 months, while reducing the deposit paid by 50%.<\/p>\n
— Hamdan bin Mohammed (@HamdanMohammed) March 12, 2020<\/a><\/p><\/blockquote>\n