Money and business

We will not hesitate to take any decision that supports our society and enhances the resilience of our economy

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, and Chairman of the Executive Council of the Emirate of Dubai, approved an additional 1.5 billion dirhams of economic facilities in Dubai, bringing the value of the facilities provided within two months to 2.5 billion dirhams.

His Highness said through his official account on the “X” platform: “We have approved an additional 1.5 billion dirhams of economic facilities in Dubai, bringing the value of the facilities provided within two months to 2.5 billion dirhams, which enhances the flexibility of the emirate’s economy and supports business growth. The new group includes 33 initiatives that include facilities extending from 3 to 12 months, and covering many vital sectors, such as tourism, trade, education, customs services, etc…”

His Highness continued, saying: “Dubai, with the vision of Mohammed bin Rashid, has established, over decades, a unique model in the ability to transform challenges into opportunities for growth, and we are committed to our approach based on partnerships and integration between the government and private sectors. We are close to our society and the business sector, and we will not hesitate to take any decision that supports our society, enhances the flexibility of our economy, and establishes Dubai’s position as a global economic capital.”

Related Articles

Back to top button