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Asharq Al-Awsat
Asharq Al-Awsat
Business
Dubai - Asharq Al-Awsat

UAE: 50 Projects to Increase Growth, Double Foreign Investments

New projects in the UAE for 50 years involving various government and private institutions (WAM)

The UAE will launch 50 new national projects this month to support the country’s development journey, Vice President and Prime Minister of the UAE and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum and Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Sheikh Mohamed bin Zayed Al Nahyan announced.

Sheikh Mohammed bin Rashid Al Maktoum said that the UAE will start the new phase of government work this year in a different way.

Sheikh Mohamed said: “After consulting with my brother Mohammed bin Zayed, we will announce 50 national projects during September. The UAE does not have the luxury of time and will not wait for global conditions to create its future. The UAE makes its future by itself. September 5 will be the beginning.”

For his part, Sheikh Mohamed bin Zayed Al Nahyan called on the UAE people to take part in these projects by harnessing their knowledge, creativity, and resourcefulness to seize the opportunities of the future.”

"The new projects aim to advance the UAE’s economy, a top national priority, to ensure a decent life for citizens and residents, double the Foreign Direct Investment and boost the UAE’s status as an incubator for talents and investors from all over the world.

They aim to transform the UAE into a comprehensive hub in all sectors and areas of creativity and innovation, positioning the UAE as a land of opportunities and a destination for those seeking a global testbed of bold and successful ideas.

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