Mohammed bin Rashid: A package of initiatives to stimulate economic growth and reduce the cost of doing business

Media In – Dubai 14 April 2018 / WAM /
UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has instructed all concerned parties to facilitate business procedures and reduce their costs and to harness all possibilities to facilitate the conduct of investment activities without complications or obstacles.
He said that the UAE’s confidence in investors is a reflection of the strength of its economy, which is growing and flourishing with a variety of sources of income and tributaries. He stressed that the UAE has a unique and unique model of economic development, To consolidate its position as a global destination for business and finance.
He added that during the past decades, it has been able to move its economy from the stage of incorporation to maturity by integrating with the world’s economies and enhancing its position as a vital center for the global economic movement. Dubai has also proved its presence on the world stage as a center of the global economy. We will certainly continue our journey in the years to come and this does not mean that the future is secure and not challenging. But we have the elements of continuity, leadership and success to consolidate our position on the global economic map.
“Our economy is moving steadily towards the future with diversification, innovation and knowledge as a sustainable economy that relies on multiple tributaries. Despite international financial crises, global economic slowdown and regional political conditions, our economy has proven its ability to meet all challenges firmly and confidently,” he said.
A series of initiatives to stimulate economic growth were reviewed in 2018 and diversified initiatives aimed at strengthening the efforts to attract foreign direct investment, raise financial and economic efficiency, stimulate investment, stimulate local production, improve the business environment, make it more efficient and attractive, develop competitiveness and encourage innovation and efficiency. Global.