ABU DHABI CHAMBER OF COMMERCE: Al-Muhairi: Leadership decisions contribute to Abu Dhabi development process

Source: Abu Dhabi Chamber of Commerce

Abu Dhabi Chamber of Commerce issued the following announcement on July 6.

“The wise leadership was aware to launch a number

initiatives and incentives which would facilitate running businesses and lower

costs incurred by business owners, and to utilize all the capabilities to

practice trade and investment activities in the emirate. This would bring more

revenues and achieve economic entrepreneurship which the emirate is striving to

realize within its strategy of economic development and sustainable economy,”

Al-Muhairi said.

“The orders of His Highness Sheikh Mohammed bin Zayed Al

Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed

Forces, to speed up the payment of entitlements on contracts with the suppliers

from the private sector came at the right time considering the need of

companies for the necessary cash to keep their businesses going in Abu Dhabi,

as well as to plan for growth and expansion with the support of our wise

leadership to have Emirati companies that can achieve entrepreneurship on the

regional and international levels,” he added.

The wise leadership was aware to launch a number initiatives and incentives which would facilitate running businesses and lower costs incurred by business owners, and to utilize all the capabilities to practice trade and investment activities in the emirate. This would bring more revenues and achieve economic entrepreneurship which the emirate is striving to realize within its strategy of economic development and sustainable economy,” Al-Muhairi said

Al-Muhairi praised the orders of his Highness Sheikh

Mohammed to focus on developing the local economy and increasing job

opportunities by drafting partnership policies between the public and private

sectors and launching the first patch of projects to activate the cooperation

between the two sectors by the end of the current year. He pointed out that

both sectors complement each other with the sake of realizing the economic

goals with the Emirate of Abu Dhabi strive to achieve.

His Excellency Mohamed Helal Al-Muhairi, Director General

of the Abu Dhabi Chamber of Commerce and Industry, praised the directions of

His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, and the

orders of His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu

Dhabi and Deputy Supreme Commander of the UAE Armed Forces, in launching a

stimulus pack of AED50 billion to speed up the economic development process of

Abu Dhabi over the coming three years. He explained that such a stimulus pack

would push for more economic and investment development in the emirate,

increase the trust of investors, businessmen and local, foreign and

international companies in the economy of the emirate which is expected to

witness an economic boom thanks to the stimulus pack and what follows of

decisions that would benefit the national economy.

“The wise leadership was aware to launch a number

initiatives and incentives which would facilitate running businesses and lower

costs incurred by business owners, and to utilize all the capabilities to

practice trade and investment activities in the emirate. This would bring more

revenues and achieve economic entrepreneurship which the emirate is striving to

realize within its strategy of economic development and sustainable economy,”

Al-Muhairi said.

“The orders of His Highness Sheikh Mohammed bin Zayed Al

Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed

Forces, to speed up the payment of entitlements on contracts with the suppliers

from the private sector came at the right time considering the need of

companies for the necessary cash to keep their businesses going in Abu Dhabi,

as well as to plan for growth and expansion with the support of our wise

leadership to have Emirati companies that can achieve entrepreneurship on the

regional and international levels,” he added.

Al-Muhairi praised the orders of his Highness Sheikh

Mohammed to focus on developing the local economy and increasing job

opportunities by drafting partnership policies between the public and private

sectors and launching the first patch of projects to activate the cooperation

between the two sectors by the end of the current year. He pointed out that

both sectors complement each other with the sake of realizing the economic

goals with the Emirate of Abu Dhabi strive to achieve.

Al-Muhairi praised the orders of his Highness Sheikh

Mohammed to focus on developing the local economy and increasing job

opportunities by drafting partnership policies between the public and private

sectors and launching the first patch of projects to activate the cooperation

between the two sectors by the end of the current year. He pointed out that

both sectors complement each other with the sake of realizing the economic

goals with the Emirate of Abu Dhabi strive to achieve.

Original source: https://www.abudhabichamber.ae/en/Pages/NewsDetails.aspx?Itemid=126

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Abu Dhabi Chamber of Commerce

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