The UAE suspends travel visas and announces $27 billion economic stimulus plan

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Empty sunbeds are seen at Jumeirah Beach Residence which is usually crowded, amid coronavirus fears in Dubai on March 12, 2020. - Dubai Financial Market dived more than 7.0 percent at the open on the last trading day of the week and Abu Dhabi shares dropped 6.0 percent following worldwide losses amid fears over the coronavirus pandemic and an oil price war. (Photo by KARIM SAHIB / AFP) (Photo by KARIM SAHIB/AFP via Getty Images)

The United Arab Emirates has suspended travel visas and cultural activities, and will launch a a $27 billion economic stimulus plan, authorities announced Saturday.

Flights from four countries will be suspended starting Tuesday: Lebanon, Iraq, Syria, and Turkey.

Tourist attractions in Abu Dhabi and Dubai, such as theme parks, public beaches, and cultural spots, will be closed until the end of March.

Dubai had more than 13 million tourists in 2019, according to government statistics.

Stimulus package: The UAE’s central bank said that $27 billion (100 billion UAE Dirhams) will be rolled out to help curb the coronavirus effects, half of which will be in zero-cost loans to banks.

The UAE currently has 85 coronavirus cases, according to the World Health Organization.