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Dubai Launches Fifth Coronavirus Recovery Package

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said Dubai is studying the current situation carefully (WAM)
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said Dubai is studying the current situation carefully (WAM)
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Dubai Launches Fifth Coronavirus Recovery Package

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said Dubai is studying the current situation carefully (WAM)
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum said Dubai is studying the current situation carefully (WAM)

Dubai government continues to study dimensions of the current situation and its developments in light of the exceptional circumstances the world is going through, according to Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai Crown Prince and Chairman of the Executive Council.

It aims at developing practical strategies that allow it to efficiently and effectively address these circumstances and contain the pandemic’s repercussions on the business and economic environment in the emirate.

According to the Crown Prince, the Dubai government’s efforts are in line with directives of Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, that seek to mitigate the effects of the global crisis, provide the necessary constituents for business continuity, accelerate the pace of recovery to preserve economic gains, and benefit the most of all opportunities in the post-pandemic period.

Dubai will continue to harness all resources and capabilities to be the most city prepared for the future and the most attractive to investments, he stressed.

“In implementation of the directives of Sheikh Mohammed bin Rashid Al Maktoum, we approved today a fifth package of economic incentives to support a number of economic sectors in Dubai and push forward our development process in preparation to the next phase of development,” Sheikh Hamdan noted, affirming that the leadership in advancing with confidence towards recovery and the return of normal life in Dubai.

“Despite the challenges posed by the pandemic at the global level, the economic situation in Dubai is in constant improvement.”

“We have the required constituents that bolster our ability to achieve leadership, and this has been reflected in the rapid pace of recovery of various economic sectors and activities,” he explained, adding that while overcoming the effects of the current global situation, the next phase will carry new opportunities that will enable entrepreneurs and investors to benefit from.

The value of the new economic incentives package approved by the Crown Prince has amounted to AED315 million ($85.7 million) based on the recommendations submitted to him by the Dubai Economy Support Committee headed by Sheikh Ahmed bin Saeed, second Deputy Chairman of the Executive Council, to continue supporting various economic sectors.

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FAO Aims for Key Outcomes at COP16 in Saudi Arabia

Preparations in the Saudi capital ahead of hosting the COP16 conference on combating desertification (from the “COP16” page on the X platform)
Preparations in the Saudi capital ahead of hosting the COP16 conference on combating desertification (from the “COP16” page on the X platform)
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FAO Aims for Key Outcomes at COP16 in Saudi Arabia

Preparations in the Saudi capital ahead of hosting the COP16 conference on combating desertification (from the “COP16” page on the X platform)
Preparations in the Saudi capital ahead of hosting the COP16 conference on combating desertification (from the “COP16” page on the X platform)

Dr. Abdul Hakim Elwaer, Assistant Director-General of the Food and Agriculture Organization (FAO), stated that the organization will take an active role at COP16, the UN conference on combating desertification, scheduled to take place in Saudi Arabia in early December.

In remarks to Asharq Al-Awsat, he expressed confidence that the conference—the first of its kind in the Middle East—would produce significant outcomes.

Elwaer’s comments came during a roundtable organized by FAO’s regional office in Cairo, attended by a select group of media representatives. The session focused on FAO’s participation in the upcoming conference and the importance of the Rio Trio —the integrated framework of the three major UN conventions addressing climate change, biodiversity conservation, and desertification.

Fida Haddad, FAO’s Program Officer for Land Rehabilitation and Climate Change, highlighted the interconnectedness of the three conventions and noted that COP16 would place a strong emphasis on land and water rehabilitation and their sustainable management.

Haddad pointed out that approximately 90% of the Middle East is affected by arid conditions. Despite this, local communities and Arab governments have made notable progress in addressing desertification and drought. She also announced that, for the first time, FAO has successfully placed food systems on the COP16 agenda, enabling discussions on how land rehabilitation can enhance food supply chains and systems.

Elwaer underscored FAO’s central role in achieving the second Sustainable Development Goal (SDG): eradicating hunger. He emphasized that FAO actively engages in the UN conventions on climate change, biodiversity, and desertification, which collectively contribute to this mission.

FAO’s focus, according to Elwaer, is on transforming food and agricultural systems to become more inclusive, efficient, and sustainable, aiming for better production, nutrition, and livelihoods. He highlighted the organization’s success in integrating these priorities into the agendas of the three conventions and collaborating with host countries on joint initiatives.

He further noted that Saudi Arabia’s hosting of COP16 is particularly significant for the region, which faces pressing challenges such as water scarcity, desertification, and food insecurity. The conference presents an opportunity for Middle Eastern nations to highlight these issues, explore solutions, and ensure their inclusion in global environmental discussions, not only at this event but in future COP sessions, he underlined.

Elwaer emphasized the growing global attention on desertification, as it is now impacting regions previously unaffected, such as southern Europe and parts of Latin America. These areas are witnessing alarming declines in arable land and forests, prompting them to seek lessons from the Arab world, which has developed resilience strategies to combat desertification over centuries.

FAO will have a strong presence at COP16, with two dedicated pavilions—one in the Blue Zone for official delegations and another in the Green Zone to engage civil society and conference participants, he said.

He added that in collaboration with Saudi Arabia and the UN, FAO will lead coordination on Food Day and Governance Day, scheduled for December 5 and 6, respectively. The organization will also participate in other specialized sessions throughout the conference.