The Ruler of Dubai Sheikh Mohammed bin Rashid launched the new strategic program for Emirates Development Bank.
According to Arab Net, Sheikh Mohammed bin Rashid said that the Emirates Development Bank intends to allocate AED 30 billion ($ 8 billion) to stimulate a range of national priority sectors over the coming years.
He noted that the target was translated in funding 13,500 new companies in these sectors from the Emirates Bank for Finance Development.
He came in Twitter: our national economy is fine .. and go well, and we have in the banks of state assets more than 3000 billion dirhams to push our economy towards new horizons.
"We welcome everyone to make their dream in the UAE, we welcome their future with us in the future state.
The Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum, on March 23, was launched a 5-year plan to increase external trade to AED 1.4 trillion.
This came during his presidency to meet with the Dubai Council at the time, in which the Dubai government decided to fully restructure the emirate, as the Dubai government will be more flexible, efficient and appreciated to deal with the map of the new variables.
Of the decisions taken: the restructuring of Dubai Chamber of Commerce, forming 3 Chamber of Commerce: Dubai Chamber of Commerce, Dubai International Trade Chamber, and Dubai Digital Economics Chamber, as well as changing the working system in the rooms to be the most important economic arm of the Emirate in building new sectors and consolidating its role World Commercial.
In this context, Juma al-Majid was named for a prestigious president of Dubai Chamber of Commerce and Abdul Aziz Al Ghurair as a Chamber, and Sultan bin Sulayem with his international expert as president of Dubai World Chamber of Commerce and the age of scientists as president of the Dubai Digital Chamber of Economics.
Note that Abdul Aziz al-Ghurair, who was appointed to Dubai Chamber of Commerce, is the head of Mashreq Bank.
