Abu Dhabi implements incentive measures for business continuity

  • Date: 02-Apr-2020
  • Source: Khaleej Times
  • Sector:Economy
  • Country:UAE
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Abu Dhabi implements incentive measures for business continuity

Combating Covid-19: Abu Dhabi implements incentive measures to ensure business continuity. The Abu Dhabi Department of Economic Development (ADDED) has implemented several programmes and initiatives to regulate the private sector's operations and ensure consumer protection�to help support�local and federal governmental efforts to combat the coronavirus�pandemic.��. Al Balooshi said that in the wake of Covid-19 outbreak, ADDED has continued its measures to regulate the business sector in the emirate in line with the directives of Abu Dhabi's wise leadership.. "ADDED is working to enhance Abu Dhabi's leading position by implementing development projects, supporting businesses and enhancing the private sector's contribution to the local economy," he added.. Al Balooshi further mentioned ADDED's issuance of a circular ordering owners of licensed companies and establishments to comply with the fixed prices of commodities, in line with the Abu Dhabi government's directives aimed at ensuring consumer protection.. The move falls in line with the directives of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, whereby medicine and food supplies are considered top priorities of national security, he continued.. Al Balooshi highlighted the main initiatives implemented by ADDED during these unprecedented circumstances,