Home News Dubai Government to support and inject funding into Emirates Airline

Dubai Government to support and inject funding into Emirates Airline

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has said that the Government of Dubai is fully committed to supporting Emirates Airline during the current global climate.

Also Read: Emirates Suspends Passenger Flights, Informs Employees of Pay Cuts

Sheikh Hamdan affirms Dubai Government’s full support to Emirates Airline

Sheikh Hamdan shares in a Facebook post: “Today, we renew our commitment to support a success story that started in the mid-1980s to reach its goal of sitting on the throne of global aviation. The Government of Dubai is committed to fully supporting Emirates at this critical time & will inject equity into the company. Emirates, our national carrier, positioned Dubai as an global travel hub and has great strategic value as one of the main pillars of Dubai’s economy, as well as the wider economy of the UAE. We will announce further details about the equity injection and more measures soon.”

Below is the announcement shared on a post on the official Twitter account of Sheikh Hamdan:

As a shareholder of Emirates, the Government of Dubai will inject equity into the company, considering its strategic importance to the Dubai and UAE economy, and the airline’s key role in positioning the emirate as a major international aviation hub. Further details in this regard will be announced at a later stage, Sheikh Hamdan said.


We're on YouTube!
Please subscribe to the Dubai OFW YouTube Channel for updates and tips!


Get FREE Dubai Updates by entering your email address:



Don't forget to check your email to activate your subscription!

SHOP ONLINE ON AMAZON.AE

Deliciously Hot! Famous Food Vloggers Try Out Double Spicy Korean Fire Noodles

In case you haven’t heard, there’s a hot and spicy Korean fire noodle challenge going around, and it’s bound to the test the limits...

6 Best Keyboard and Mouse Combos for Your Home Office

Are you one of the many people who are currently working from home? If so, then most likely you have set up your very...

Welcome Your Guests with these Eye-Catching Doormats

Right before a visitor steps inside your house, the very first thing they see is your… doormat! The doormat enables people to scrub or...

Decorate Your Kids’ Bedroom for AED 35 and below

Furnishing and decorating your home allows you to unleash your creativity and personal style. And since each room has its own unique purpose, you...

7 Top Selling Chairs for Your Home Office

Are you one of the many people who are working from home amid the current health crisis? If so, then you need to make...

7 Computer Tables for People Who Work from Home

Due to the current health crisis, most people are obligated to stay at home and go out only when absolutely necessary, such as when...

Keep Your Shoes Organized with these Storage Solutions

How many pairs of shoes, sandals, and slippers do you have? Most likely you have three or more, depending on your daily activities. Multiply...