The US Senate has unanimously passed a $2 trillion bill designed to help workers and industries that have been effected by the coronavirus pandemic.
It will also allow the country to spend billions of dollars on medical equipment.
The Senate passed the bill by a vote of 96-0, which means it will now be sent to the House of Representatives for a vote sometime this week.
The bill is the largest economic stimulus in US history.
Dubai Holding becomes largest shareholder of Emaar Properties
Dubai Holding has acquired a 22.27 per cent equity stake in Emaar Properties from the Investment Corporation of Dubai (ICD), becoming the company's largest shareholder with a total 29.73 per cent stake.
Abu Dhabi gets AED55 billion boost for 24 infrastructure projects
Abu Dhabi has greenlighted 24 infrastructure projects under a new AED55 billion public-private partnership that will see the development of roads, flood control systems and education campuses among others.
Abu Dhabi aims for 80% local materials in housing projects
Abu Dhabi plans to increase the use of locally manufactured building materials in housing developments to as much as 80 per cent under a new agreement between two government entities.
UAE Central Bank support package reaches AED 6.2 billion
The Central Bank of the UAE (CBUAE) has announced the key outcomes of its comprehensive support package designed to strengthen the resilience of financial institutions.
Sunny intervals
High: 37°C | Low: 25°C
Sunny intervals
High: 35°C | Low: 27°C
Sunny intervals
High: 38°C | Low: 24°C
