UAE.. Crown Prince of Dubai: 80 billion dirhams to enhance global competitiveness and new model to support entrepreneurship

Sheikh Hamdan bin Mohammed bin Rashid, Crown Prince of Dubai, in the United Arab Emirates, said through his official account on Twitter:”At a meeting of Dubai Executive Council meeting today, Monday, I approved several initiatives aimed at raising Dubai’s future readiness. Featuring an investment of AED80 billion.

He explained: “the initiative will leverage Dubai’s strong partnerships with the private sector to further enhance our global competitiveness”.

He Added: “I also approved Dubai SME’s new strategy to support unique ventures that will contribute AED9 billion to Dubai’s GDP, create 86,000 jobs, empower 8,000 Emirati entrepreneurs and help launch 27,000 projects”.

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