Emirati economic incentives are flexible, comprehensive: Media

  • Date: 10-Aug-2020
  • Source: Emirates Business
  • Sector:Economy
  • Country:UAE
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Emirati economic incentives are flexible, comprehensive: Media

Emirati economic incentives are flexible, comprehensive: Media Admin 9 hours ago Local NewsABU DHABI / WAMThe new support initiatives launched by the Ministry of Economy, organised by a committee chaired by Abdullah bin Touq Al Marri, Minister of Economy, with the participation of relevant authorities, are key additions to the series of incentives adopted by the UAE to support its economic sectors, and were recently described by the foreign media as flexible and comprehensive. Bloomberg mentioned Al Marri's planned economic incentive packages, noting that the UAE had previously launched a package of measures and initiatives, including AED256 billion from the UAE central bank to support the companies and banks. The timely implementation of these initiatives was reflected by figures that show improvements to the UAE's economy in the past