Sheikh Mohamed also ordered the creation of 10,000 jobs in public, private sectors.
His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, has approved a Dh50 billion economic stimulus package for Abu Dhabi, aimed at accelerating the economic growth over the next three years.

Sheikh Mohamed also launched ten new economic initiatives to improve the ease of doing business in Abu Dhabi and enhance the work experience for UAE nationals, residents and investors alike.

Sheikh Mohamed instructed the Executive Committee of the Abu Dhabi Executive Council to draw a detailed execution plan for the stimulus package within 90 days.

Aimed at boosting the competitiveness of Abu Dhabi's private sector, the plan will comprise a set of initiatives, covering infrastructure and legislative projects, as well as SMEs, and industrial and social projects.

SOURCE : KHALEEJTIMES