United Arab Emirates to Introduce New Set of Stimulus Measures to Boost Economy: Minister of Economy

The United Arab Emirates (UAE) is set to deliver a three-stage flexible stimulus package, including 33 initiatives, covering all sectors and economic activities, in a bid to stimulate the economy. The plan aims to focus on supporting the labour market and encouraging investment into the UAE.

Using the best technology at hand and guided by the leadership’s vision for the future, the flexible plan will ensure the sustainability of core economic sectors in the UAE, the expansion of emerging sectors, as well as the creation of new sectors.

Abdullah Bin Touq Al Marri, the New Minister of Economy, will lead a new committee established for the purpose of monitoring the implementation...