Sup­port for Ye­meni firms

7 Days in Dubai - - NEWS -

The UAE is to sup­port small busi­nesses in Ye­men with the al­lo­ca­tion of $20 mil­lion in fund­ing, na­tional news agency WAM re­ported. HH Sheikh Mo­hamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Com­man­der of the UAE Armed Forces, di­rected the ini­tia­tive, which will be su­per­vised by the Khal­ifa Fund for En­ter­prise De­vel­op­ment and will in­clude the cities of Aden and Al Mukalla in the first stage. It will then be im­ple­mented in other prov­inces and cities. The ini­tia­tive is in­tended to help strengthen the per­for­mance of the Ye­meni econ­omy and pro­vide job op­por­tu­ni­ties for Ye­me­nis.

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