UAE’s economic revival engine shifts to high gear as 15 acts get green light

UAE’s economic revival engine shifts to high gear as 15 acts get green light

The first phase of a pioneering "33-initiative strategy" designed to revive and turbo-charge the UAE's economic growth received the go-ahead of a high-level interim committee headed by the UAE's Minister of Economy, Abdulla bin Touq Al Mari.

The first phase of the strategic plan, being implemented with the support of 12 ministries and federal and local entities, aims to provide immediate support for business sectors and the economy through 15 major initiatives, the Ministry of Economy said.

The second phase will see the launch of complementary support to enable rapid economic recovery while the third phase will provide integrated support to vital sectors and will open up a sustainable and flexible development path for the economy and future.

The committee, in