{"id":21190,"date":"2020-04-22T14:47:38","date_gmt":"2020-04-22T10:47:38","guid":{"rendered":"https:\/\/www.middleeastevents.com\/blog\/?p=21190"},"modified":"2020-04-22T14:47:38","modified_gmt":"2020-04-22T10:47:38","slug":"uae-will-be-one-of-first-to-bounce-back-post-coronavirus-pandemic-lootah-ceo","status":"publish","type":"post","link":"https:\/\/www.middleeastevents.com\/blog\/uae-will-be-one-of-first-to-bounce-back-post-coronavirus-pandemic-lootah-ceo\/","title":{"rendered":"UAE Will Be One Of First To Bounce Back Post-Coronavirus Pandemic: Lootah CEO"},"content":{"rendered":"
\n

One of the region\u2019s leading real estate developers,\u00a0Lootah Real Estate Development\u00a0(Lootah), emphasised that the UAE will be one of the first nations to bounce back post-coronavirus pandemic due to its strong resolve and ability to adapt.<\/p>\n

According to Lootah CEO\u00a0Saleh Abdullah Lootah, these effective traits were demonstrated through the initiatives and measures implemented by the country. They include building one of the world\u2019s biggest testing laboratories, remaining global leadership in conducting mass testing, promptly releasing a series of economic stimulus and sending humanitarian aids to many other countries.<\/p>\n<\/div>\n

\n

\u201cThese measures will firmly establish UAE\u2019s role as a global leader and model for other countries to follow,\u201d Lootah said. \u201cBeing able to adapt quickly to new developments and market realities makes the UAE a stalwart of stability and resilience through any crisis. It is that power of vision of the UAE\u2019s wise leaders, as well as the country\u2019s high adaptability and resilience that have always enabled the UAE to overcome any challenges and make progress.\u201d<\/p>\n<\/div>\n

\n

He commended the UAE\u2019s multi-prong approaches to strengthen the momentum of trust between the country, its people and the business that operate from it.<\/p>\n

The first approach is the UAE\u2019s topnotch measures to take care of the well-being of all its citizens, residents and tourists through its integrated service sectors and bringing into service game-changer, high capacity rapid testing centres. Second is the prompt passing of a massive stimulus packages to stabilise the economy, allowing for a quicker economic recovery. Third is the country\u2019s leading role in sending humanitarian and relief efforts to many countries all over the world.<\/p>\n

\u201cAround 10 million people continue to trust the UAE government as their home as the country shows its steadfast commitment through a wide-range of initiatives that help cushion impacts of the pandemic. This commitment paves the way, as it has always been, for citizens and expats alike to place their full trust to the UAE,\u201d Lootah added.<\/p>\n

Lootah hailed the UAE\u2019s decisive action to boost its support to businesses through various landmark economic responses, including the Dh256 billion stimulus from the Central Bank as a significant help to aiding business continuity and creating market stability.<\/p>\n

The UAE has also scored more esteems when it successfully built the first laboratory in the world\u2014outside China\u2014that can conduct tens of thousands of real time COVID-19 tests per day. Additionally, the country has rolled out an inclusive COVID-19 healthcare coverage wherein patients can avail of the free testing and treatment procedures \u2013 with or without a health card.<\/p>\n

The country remains global leadership as it sets the bar high on the global scale in terms of massive testing. As of April 22, 2020, over 790,000 tests have been undertaken since the dawn of the disease, screening around 79,875 people per million. It is currently fourth highest\u2014after Iceland, Faroe and Falkland Islands\u2014in the world in terms of number of tests performed per one million population.<\/p>\n

\u201cThe core of every business and the foundation of every working economy is trust, and this is what the UAE has continuously earned \u2013 the trust of its people, whether they are citizens, residents or tourists. And this trust will be the bedrock of our bouncing back,\u201d Lootah said.<\/p>\n

\"\"<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

One of the region\u2019s leading real estate developers,\u00a0Lootah Real Estate Development\u00a0(Lootah), emphasised that the UAE will be one of the first nations to bounce back post-coronavirus pandemic due to its strong resolve and ability to adapt. According to Lootah CEO\u00a0Saleh Abdullah Lootah, these effective traits were demonstrated through the initiatives and measures implemented by the […]<\/p>\n","protected":false},"author":1,"featured_media":21191,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/21190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/comments?post=21190"}],"version-history":[{"count":1,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/21190\/revisions"}],"predecessor-version":[{"id":21192,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/posts\/21190\/revisions\/21192"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media\/21191"}],"wp:attachment":[{"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/media?parent=21190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/categories?post=21190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.middleeastevents.com\/blog\/wp-json\/wp\/v2\/tags?post=21190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}