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Covid-19: Emirati businessman announces rent waiver for 2 malls in Dubai.

Covid-19: Emirati businessman announces rent waiver for 2 malls in Dubai.

Dubai-based Al Zarooni Group has announced a 3 months rent waiver for eligible tenants at its 2 shopping malls, Mercato and Town Centre Jumeirah, as part of a relief programme focused on reducing the financial burdens encountered by merchants affected by the Covid-19 pandemic.

The rental relief worth Dh25 million comes within the framework offered by leading government and private sector entities in Dubai to aid businesses and relieve the monetary pressures on them in the present setting triggered by the Covid-19 break out.

Abdul Rahim Al Zarooni, Chairman of Al Zarooni Team, commented: "The retail sector is facing an unprecedented situation as a result of the COVID-19 pandemic, and we feel that it's our responsibility as a partner of the government to support our tenants experiencing financial hardships. During these challenging times, Al Zarooni Group will continue to stand by its partners so that their businesses are able to recover fast once the pandemic is over. We will also continue to support the overall relief efforts and initiatives of the government to safeguard the retail sector, a key pillar of Dubai's economy."

According to federal government regulations, Mercato and Town Centre Jumeirah will close for two weeks from March 25. Nonetheless, essential services like grocery stores and pharmacies will continue to be open, while food and beverages outlets will only operate a delivery service.

Earlier, Abdul Rahim Al Zarooni had revealed a donation of Dh10 million to the health care sector to sustain their efforts to combat the novel coronavirus.

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