UAE launches Dh30 billion package to support businesses

UAE launches Dh30 billion package to support businesses

As many as 25,000 jobs are being created to support priority industrial sectors over the next five years, according to a report in Khaleej Times.On Monday, UAE's Prime Minister announced a Dh30 billion initiative to boost the national economy. The support will be extended to large corporations, SMEs and entrepreneurs across various industries including healthcare, infrastructure, food security and technology.Comments Read Next2 weeks agoUAE retail sales to hit $58 billion in 2021February 22, 2021UAE, Qatar official delegations meet in KuwaitJanuary 7, 2021UAE-Qatar: Trade, transport could resume within a weekJanuary 6, 2021Dubai announces new Dh315 million stimulus packageNovember 15, 2020UAE: 10-year golden visa granted for more professionalsOctober 31, 2020UAE: Dubai announces projects worth Dh6.6 billionOctober 24, 2020UAE: Dubai announces Dh500m stimulus to support local economyOctober 24, 2020UAE merges insurance authority with central bankAugust 25, 2020Bahrain approves EWA support for Bahraini enterprisesMay 14, 2020UAE: Dubai Ruler Grants Golden Visas to 212 Doctors