Dh1 million emergency fund launched to help UAE publishers affected by Covid-19

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Consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis.” byline=”staff reporter” caption=”Sheikha Bodour bint Sultan Al Qasimi (inset).” credits=”ARCHIVE”]

Dh1 million emergency fund launched to help UAE publishers affected by Covid-19

 

SHARJAH – Sheikha Bodour bint Sultan Al Qasimi, Founder and President of the Emirates Publishers Association (EPA) has announced the launch of a Dh1 million Emirates Publishers Emergency Fund to support publishers in the UAE whose businesses have been severely impacted by the coronavirus pandemic.

The EPA will coordinate with Emirati bookmakers, and will also guide them on ways to avail of the provisions included in the fund.

“The fund aims to reach affected publishers operating within the country, and by identifying the complex challenges the industry is grappling with, it will further boost efforts to ensure the continuity of their businesses,” according to a statement by EPA.

Sheikha Boudour said the fund is aimed at boosting the publishing sector and the cultural community in the UAE.

“The global publishing industry is among the vital economic sectors that has slowed down considerably due to the pandemic. With every crisis, comes an opportunity, and we need to rope in appropriate mechanisms to boost industry resilience and emerge out of it stronger. Today, we stand with our publishers to support and lead them onward to fulfilling vital projects that will boost our knowledge and creativity,” she said.

“Safeguarding publishers and promoting the local knowledge industry is the need of the hour as the pandemic has proven beyond doubt the efficacy of the book as the most sustainable tool for spreading awareness, promoting values of peace and coexistence, and encouraging cultural dialogue,” said Sheikh Boudour.

The objectives set out by the fund will be achieved in partnership with the Sharjah Book Authority and Sharjah Publishing City.

The EPA said more information on the guidelines and how to avail the fund will be announced at a later date. ICA/Expat Media


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