UAE launches Dh30 billion programme to stimulate vital sectors ...United Arab Emirates

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Dubai: His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, approved the Emirates Development Bank (EDB) Strategy to provide a sizeable Dh30 billion-worth financial support to businesses and start-ups in a major step to drive the national economy. Launched to support "Operation 300bn", the EDB Strategy aims to leverage the Bank’s role as a key driver of the national economy to provide the largest support network for the industrial sector. Sheikh Mohammed said, "Advancing the national economy is a top priority that requires a joint effort of all our economic entities in the coming phase." He added, "We must adopt a distinctive vision that me

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Last updated : 08 April 2021 clock 06:31 PM

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UAE launches Dh30 billion programme to stimulate vital sectors ...United Arab Emirates

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