His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces, reviewed with members of the Executive Council in Abu Dhabi the economic situation in light of developments in global markets and incentive programs that exist in the emirate and the measures announced by the Central Bank and local governments recently and which constitute a pillar And a guarantee of economic and financial stability in the country, according to a tweet that His Highness posted on his account on the social networking site "Twitter".
His Highness Sheikh Mohammed bin Zayed Al Nahyan directed continuously all capital projects in accordance with the approved plans and not to cancel or postpone any project within the framework of the development agenda of Abu Dhabi, and to take additional measures to preserve the economic gains in the emirate and give priority to startups in light of the current challenges.
He also directed His Highness to work on new plans to stimulate strategic investment sectors, and ordered the formation of a committee headed by the Finance Department and membership of the Department of Economic Development and local banks to follow up borrowing programs for local companies in Abu Dhabi in the current circumstances.
His Highness concluded his tweets by saying: "Our government agencies will continue to develop and facilitate investment laws and legislations to be more flexible and appropriate to the sustainability of the economic wheel ... We trust in the vitality of the national economy and its ability to cope with market fluctuations."