"Dubai Finance"The second economic package consolidates the Dubai World model of financial proactiveness and stimulating growth
DUBAI, 21st May / WAM / His Excellency Abdul Rahman Saleh Al Saleh, Director-General of Dubai Finance, said that the approval by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense and Chairman of the Executive Council, of an additional economic facilitation package worth 1.5 billion dirhams, reflects an integrated government approach based on proactiveness, flexibility and speed of response to economic changes, which consolidates Dubai’s position as a global model in developing policies and economic incentives that support growth. Sustainable.
His Excellency stressed that the new package comes within a continuous system of economic and financial initiatives aimed at enhancing the emirate’s competitiveness, stimulating the business environment, and supporting sustainable growth in vital sectors, by adopting flexible financial and economic solutions that take into account global changes and the needs of the business community and investors, and keep pace with the aspirations of the next stage.
His Excellency pointed out that Dubai has succeeded, thanks to the strategic vision of its wise leadership, in building an economic model with a high ability to adapt and transform challenges into development opportunities, pointing out that continuing to launch specific packages and facilities enhances investor confidence and supports attracting capital and quality projects, which contributes to consolidating the emirate’s position as a global financial and economic center.
He added that integration between financial, economic and legislative policies constitutes one of the most important factors for Dubai’s success in achieving balanced and sustainable growth, stressing the continued work on developing innovative financial tools and policies that contribute to raising the efficiency of government spending, enhancing financial sustainability, and supporting the goals of the Dubai Economic Agenda D33, in a way that enhances the emirate’s readiness for the future and consolidates its global leadership in various economic and development sectors.
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