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UAE's Tess scheme benefits more than 300,000 customers, Central Bank says

More than 300,000 individuals have benefited from the Targeted Economic Support Scheme (Tess) rolled out to mitigate the impact of Covid-19, the UAE Central Bank said on Thursday following a meeting with some of the country's largest banks. About 10,000 small and medium-sized enterprises (SMEs) and more than 1,500 private…

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