UAE grants businesses 20% reduction in water, electricity bills as part of coronavirus aid package

UAE grants businesses 20% reduction in water, electricity bills as part of coronavirus aid package
Many businesses are currently under lockdown because of the coronavirus crisis. (File/Shutterstock)
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Updated 27 March 2020
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UAE grants businesses 20% reduction in water, electricity bills as part of coronavirus aid package

UAE grants businesses 20% reduction in water, electricity bills as part of coronavirus aid package
  • The 20% reduction in bills will come into force in April
  • Many businesses have been told to close during the coronavirus crisis

DUBAI: Businesses in the UAE will see their water and electricity bills reduced by 20 percent as the government works to support industries impacted by the ongoing coronavirus crisis.

The UAE cabinet approved a series of orders to benefit subscribers of the Federal Authority of Water and Electricity, to support retails, hotels and industrial sectors, state news agency WAM reported.

The cabinet approved to reduce water and electricity bills for shopping malls, shops, hotels, hotel apartments, and plants, by 20 percent for three months starting from April 2020, with a total amount of $23.4 million.

The cabinet also approved a 6 months payment deferral of water and electricity connection’s installments, and a three-months freeze of service reconnection fines, which varies from $816 to $1,360, starting from April.