Sunday, 3 May 2020

Middle East, #Dubai News: Emaar Malls to Extend Relief Measures - Bloomberg

Middle East, Dubai News: Emaar Malls to Extend Relief Measures - Bloomberg:

Dubai-based retail and mall operator Emaar Malls PJSC is taking further steps to ease the financial burden of tenants affected by the coronavirus pandemic, according to a document viewed by Bloomberg.

The new set of policies include waivers for tenants whose stores have been forced to shut by the government. Dubai restricted movement since mid-March, culminating in a full, three-week lockdown through most of April.

The city started easing the restrictions just over a week ago, allowing malls and restaurants to resume operating under certain conditions, and limiting the curfew to eight hours overnight.

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